Insider Selling: Crew Energy Inc. (TSE:CR) Director Sells 18,649 Shares of Stock

Crew Energy Inc. (TSE:CR) Director Karen Nielsen sold 18,649 shares of the company’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of C$4.55, for a total value of C$84,797.00.

Crew Energy Price Performance

Shares of CR stock opened at C$4.50 on Thursday. Crew Energy Inc. has a 1-year low of C$3.73 and a 1-year high of C$6.61. The stock’s 50-day moving average is C$4.49 and its 200 day moving average is C$4.85. The company has a market cap of C$703.04 million, a P/E ratio of 6.08, a PEG ratio of 0.09 and a beta of 1.65. The company has a debt-to-equity ratio of 5.83, a current ratio of 0.74 and a quick ratio of 0.92.

Crew Energy (TSE:CR) last issued its quarterly earnings data on Thursday, March 7th. The company reported C$0.24 earnings per share for the quarter. Crew Energy had a return on equity of 9.61% and a net margin of 38.98%. The company had revenue of C$90.14 million for the quarter. Research analysts predict that Crew Energy Inc. will post 0.5334064 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on CR shares. Desjardins cut their price objective on Crew Energy from C$6.50 to C$6.25 and set a “buy” rating on the stock in a research report on Friday, March 22nd. BMO Capital Markets set a C$5.25 price target on Crew Energy and gave the stock a “market perform” rating in a research report on Tuesday, April 9th. TD Securities dropped their price target on Crew Energy from C$6.50 to C$5.50 and set a “buy” rating on the stock in a research report on Friday, February 9th. Raymond James dropped their price target on Crew Energy from C$8.50 to C$7.50 and set an “outperform” rating on the stock in a research report on Friday, January 19th. Finally, ATB Capital dropped their price target on Crew Energy from C$7.25 to C$6.50 and set a “strong-buy” rating on the stock in a research report on Wednesday, March 20th. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of C$6.69.

About Crew Energy

Crew Energy Inc engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGL) in Canada. The company's principal properties include Montney oil and liquids-rich natural gas assets comprising Septimus, West Septimus, Groundbirch, and Monias and Tower located in the northeast British Columbia.