Insider Buying: Journey Energy Inc. (TSE:JOY) Director Purchases C$66,144.00 in Stock

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

Journey Energy Stock Performance

TSE:JOY opened at C$2.22 on Friday. The stock’s 50-day moving average is C$2.34 and its 200-day moving average is C$2.76. The stock has a market cap 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. Journey Energy Inc. has a 1-year low of C$1.94 and a 1-year high of C$4.21. The company has a current ratio of 0.68, a quick ratio of 0.95 and a debt-to-equity ratio of 20.04.

Analyst Ratings Changes

Separately, Ventum Cap Mkts upgraded shares of Journey Energy to a “strong-buy” rating in a research note 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.