Crew Energy (TSE:CR) Stock Crosses Below Two Hundred Day Moving Average of $4.44

Crew Energy Inc. (TSE:CR) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$4.44 and traded as low as C$4.27. Crew Energy shares last traded at C$4.44, with a volume of 176,613 shares changing hands.

Analysts Set New Price Targets

Several analysts have issued reports on CR shares. 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 note on Wednesday, March 20th. BMO Capital Markets set a C$5.25 price target on Crew Energy and gave the company a “market perform” rating in a research note on Tuesday, April 9th. Finally, Desjardins lowered their target price 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. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of C$6.69.

Crew Energy Trading Down 0.2 %

The company has a debt-to-equity ratio of 8.07, a current ratio of 0.52 and a quick ratio of 0.92. The firm has a market cap of C$691.33 million, a price-to-earnings ratio of 8.02, a P/E/G ratio of 0.09 and a beta of 1.66. The business has a 50-day moving average of C$4.40 and a 200-day moving average of C$4.44.

Crew Energy (TSE:CR) last posted its quarterly earnings results on Thursday, May 9th. The company reported C$0.07 EPS for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.04). Crew Energy had a return on equity of 6.99% and a net margin of 30.10%. The business had revenue of C$84.44 million for the quarter. Research analysts anticipate that Crew Energy Inc. will post 0.3776042 EPS for the current year.

Insider Buying and Selling

In related news, Director Karen Nielsen sold 18,649 shares of Crew Energy stock in a transaction dated Monday, April 15th. The stock was sold at an average price of C$4.55, for a total transaction of C$84,797.00. 7.91% of the stock is currently owned by corporate insiders.

Crew Energy Company Profile

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.