Journey Energy Inc. (TSE:JOY) Director Purchases C$103,500.00 in Stock

Journey Energy Inc. (TSE:JOY) Director Alexander G. Verge purchased 75,000 shares of the company’s stock in a transaction dated Wednesday, April 16th. The shares were acquired at an average price of C$1.38 per share, for a total transaction of C$103,500.00.

Alexander G. Verge also recently made the following trade(s):

• On Tuesday, April 8th, Alexander G. Verge bought 100,000 shares of Journey Energy stock. The stock was bought at an average cost of C$1.41 per share, for a total transaction of C$141,000.00.
• On Thursday, April 3rd, Alexander G. Verge purchased 90,000 shares of Journey Energy stock. The shares were bought at an average cost of C$1.68 per share, with a total value of C$151,200.00.

Journey Energy Stock Up 8.9 %

TSE JOY opened at C$1.47 on Friday. Journey Energy Inc. has a 52 week low of C$1.26 and a 52 week high of C$3.94. The company has a quick ratio of 0.95, a current ratio of 0.65 and a debt-to-equity ratio of 19.07. The company has a market capitalization of C$97.65 million, a P/E ratio of 18.01, a price-to-earnings-growth ratio of 0.01 and a beta of 3.41. The stock’s 50-day moving average price is C$1.63 and its 200-day moving average price is C$1.96.

Journey Energy Company Profile

Journey Energy Inc is engaged in the exploration, development, and production of crude oil and natural gas in Alberta province. The company’s principal revenue source is from petroleum and natural gas sales which include the sale of crude oil, natural gas and natural gas liquids, of which it derives key revenue from the sale of crude oil.