Journey Energy Inc. (TSE:JOY) Director Alexander G. Verge Purchases 31,800 Shares

Journey Energy Inc. (TSE:JOY) Director Alexander G. Verge acquired 31,800 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The shares were purchased at an average price of C$2.08 per share, with a total value of C$66,144.00.

Journey Energy Stock Performance

Shares of Journey Energy stock opened at C$2.22 on Friday. The firm has a market capitalization of C$136.20 million, a P/E ratio of 12.17, a price-to-earnings-growth ratio of 0.01 and a beta of 3.41. The business’s fifty day simple moving average is C$2.34 and its 200 day simple moving average is C$2.76. The company has a current ratio of 0.68, a quick ratio of 0.95 and a debt-to-equity ratio of 20.04. Journey Energy Inc. has a 12 month low of C$1.94 and a 12 month high of C$4.21.

Wall Street Analysts Forecast Growth

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

Journey Energy Company Profile

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.