Gear Energy Ltd. (TSE:GXE – Get Free Report) Senior Officer Bryan Dozzi sold 100,000 shares of the company’s stock in a transaction on Tuesday, July 9th. The shares were sold at an average price of C$0.71, for a total value of C$71,000.00.
Gear Energy Stock Performance
Shares of GXE traded up C$0.01 during trading hours on Thursday, hitting C$0.73. The company’s stock had a trading volume of 809,170 shares, compared to its average volume of 399,470. The business has a 50 day simple moving average of C$0.71 and a two-hundred day simple moving average of C$0.68. Gear Energy Ltd. has a 52-week low of C$0.60 and a 52-week high of C$1.04. The company has a debt-to-equity ratio of 9.40, a current ratio of 1.10 and a quick ratio of 0.56. The company has a market cap of C$192.27 million, a price-to-earnings ratio of 24.67 and a beta of 3.69.
Gear Energy (TSE:GXE – Get Free Report) last released its quarterly earnings data on Wednesday, May 1st. The company reported C$0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.02 by C($0.01). Gear Energy had a net margin of 7.00% and a return on equity of 3.81%. The company had revenue of C$35.67 million for the quarter, compared to the consensus estimate of C$36.70 million. On average, equities analysts expect that Gear Energy Ltd. will post 0.1099554 earnings per share for the current fiscal year.
Gear Energy Dividend Announcement
About Gear Energy
Gear Energy Ltd., an exploration and production company, engages in the acquiring, developing, and holding of interests in petroleum and natural gas properties and assets in Canada. The company's oil properties are located in Central Alberta, West Central Saskatchewan, and Southeast Saskatchewan.
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