Journey Energy Inc. (TSE:JOY) Director Reginald Stevenson Smith Acquires 40,000 Shares

Journey Energy Inc. (TSE:JOY) Director Reginald Stevenson Smith purchased 40,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The stock was acquired at an average price of C$2.06 per share, with a total value of C$82,400.00.

Journey Energy Stock Up 0.5 %

Shares of TSE JOY opened at C$2.07 on Wednesday. The firm has a market cap of C$126.99 million, a price-to-earnings ratio of 11.50, a price-to-earnings-growth ratio of 0.01 and a beta of 3.41. The company’s 50-day simple moving average is C$2.37 and its 200-day simple moving average is C$2.84. The company has a quick ratio of 0.95, a current ratio of 0.68 and a debt-to-equity ratio of 20.04. Journey Energy Inc. has a 52-week low of C$2.01 and a 52-week high of C$4.64.

Wall Street Analyst Weigh In

Separately, Ventum Cap Mkts raised Journey Energy to a “strong-buy” rating in a research note on Tuesday, August 6th.

About Journey Energy

Journey Energy Inc is involved in the exploration, development, and production of crude oil and natural gas in the province of Alberta, Canada. The company was formerly known as Sword Energy Inc and changed its name to Journey Energy Inc in July 2012. Journey Energy Inc was founded in 2007 and is headquartered in Calgary, Canada.