Crew Energy Inc (TSE:CR) Director Acquires C$15,000.00 in Stock

Crew Energy Inc (TSE:CR) Director John Albert Brussa purchased 50,000 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was acquired at an average cost of C$0.30 per share, for a total transaction of C$15,000.00. Following the completion of the acquisition, the director now owns 916,819 shares in the company, valued at approximately C$275,045.70.

John Albert Brussa also recently made the following trade(s):

  • On Monday, June 22nd, John Albert Brussa bought 50,000 shares of Crew Energy stock. The shares were bought at an average price of C$0.31 per share, with a total value of C$15,500.00.
  • On Wednesday, May 27th, John Albert Brussa bought 1,500 shares of Crew Energy stock. The shares were bought at an average cost of C$0.34 per share, with a total value of C$510.00.
  • On Monday, April 20th, John Albert Brussa purchased 103,000 shares of Crew Energy stock. The stock was bought at an average price of C$0.20 per share, for a total transaction of C$20,600.00.

Shares of CR opened at C$0.30 on Monday. The company’s fifty day simple moving average is C$0.34 and its 200-day simple moving average is C$0.36. The company has a market cap of $48.54 million and a P/E ratio of -0.24. The company has a current ratio of 1.25, a quick ratio of 0.62 and a debt-to-equity ratio of 45.59. Crew Energy Inc has a twelve month low of C$0.14 and a twelve month high of C$0.87.

Crew Energy (TSE:CR) last issued its quarterly earnings results on Thursday, May 7th. The company reported C$0.12 EPS for the quarter, beating the consensus estimate of C($0.05) by C$0.17. The firm had revenue of C$38.09 million for the quarter, compared to the consensus estimate of C$43.40 million. Analysts predict that Crew Energy Inc will post -0.13 earnings per share for the current fiscal year.

A number of analysts have issued reports on CR shares. Laurentian reduced their price objective on Crew Energy from C$0.85 to C$0.75 in a research note on Wednesday, March 11th. Laurentian Bank of Canada reduced their price target on shares of Crew Energy from C$0.85 to C$0.75 in a research report on Wednesday, March 11th. Scotiabank lowered their price objective on shares of Crew Energy from C$0.75 to C$0.30 in a research report on Wednesday, April 8th. Raymond James set a C$0.20 price objective on shares of Crew Energy and gave the stock an “underperform” rating in a research note on Friday, May 8th. Finally, Royal Bank of Canada lowered their price target on shares of Crew Energy from C$0.75 to C$0.25 and set a “sector perform” rating for the company in a report on Monday, March 16th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the stock. Crew Energy presently has an average rating of “Hold” and a consensus price target of C$0.63.

About Crew Energy

Crew Energy Inc engages in the exploration, development, and production of crude oil and natural gas in Canada. The company primarily holds interests in assets located in the Montney area, which includes the Septimus/West Septimus, Tower, Groundbirch, Attachie, and Portage assets with 445 net sections with condensate, light oil, liquids-rich natural gas, and dry gas situated south and west of Fort St.

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