Crew Energy Inc. (TSE:CR) Receives Average Rating of “Buy” from Analysts

Shares of Crew Energy Inc. (TSE:CR) have received a consensus rating of “Buy” from the six analysts that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is C$6.69.

A number of equities research analysts have recently weighed in on CR shares. TD Securities dropped their target price on Crew Energy from C$6.50 to C$5.50 and set a “buy” rating for the company in a research report on Friday, February 9th. BMO Capital Markets set a C$5.25 price objective on Crew Energy and gave the stock a “market perform” rating in a research note on Tuesday, April 9th. National Bankshares decreased their price objective on Crew Energy from C$7.00 to C$5.00 and set an “outperform” rating for the company in a research note on Wednesday, January 10th. Desjardins decreased their price objective on Crew Energy from C$6.50 to C$6.25 and set a “buy” rating for the company in a research note on Friday, March 22nd. Finally, ATB Capital decreased their price objective on Crew Energy from C$7.25 to C$6.50 and set a “strong-buy” rating for the company in a research note on Wednesday, March 20th.

Crew Energy Trading Up 0.5 %

Shares of CR opened at C$4.46 on Friday. The company has a debt-to-equity ratio of 5.83, a quick ratio of 0.92 and a current ratio of 0.74. The company has a market cap of C$696.79 million, a price-to-earnings ratio of 6.03, a PEG ratio of 0.09 and a beta of 1.65. The stock has a fifty day moving average price of C$4.57 and a two-hundred day moving average price of C$4.74. Crew Energy has a 52-week low of C$3.73 and a 52-week high of C$6.61.

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

Insider Buying and Selling

In related news, Director Karen Nielsen sold 18,649 shares of the company’s 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. In related news, Director Karen Nielsen sold 18,649 shares of the company’s 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. Also, Director Gail Hannon sold 7,019 shares of the company’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of C$4.44, for a total value of C$31,136.28. Over the last quarter, insiders have sold 30,916 shares of company stock worth $140,735. Corporate insiders own 7.35% of the company’s stock.

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.