Shares of Crew Energy Inc (TSE:CR) have received a consensus recommendation of “Hold” from the eleven brokerages that are covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is C$1.48.
A number of equities research analysts have weighed in on CR shares. Canaccord Genuity lowered shares of Crew Energy from a “buy” rating to a “speculative buy” rating and reduced their target price for the stock from C$2.50 to C$1.75 in a report on Tuesday, July 9th. GMP Securities lowered shares of Crew Energy from a “buy” rating to a “hold” rating and reduced their target price for the stock from C$1.65 to C$1.15 in a report on Friday, June 28th. Raymond James lowered shares of Crew Energy from an “outperform” rating to a “market perform” rating and reduced their target price for the stock from C$2.20 to C$1.75 in a report on Friday, May 3rd. TD Securities reduced their target price on shares of Crew Energy from C$1.15 to C$1.10 and set a “buy” rating on the stock in a report on Friday, August 2nd. Finally, CIBC reduced their target price on shares of Crew Energy from C$1.50 to C$1.00 in a report on Tuesday, July 9th.
CR traded down C$0.02 during trading on Friday, reaching C$0.62. 84,855 shares of the company’s stock were exchanged, compared to its average volume of 486,274. Crew Energy has a one year low of C$0.58 and a one year high of C$2.06. The company has a current ratio of 0.89, a quick ratio of 0.73 and a debt-to-equity ratio of 37.67. The stock has a market capitalization of $95.78 million and a PE ratio of 2.49. The firm has a fifty day moving average price of C$0.72 and a two-hundred day moving average price of C$0.94.
About Crew Energy
Crew Energy Inc engages in the exploration, development, and production of crude oil and natural gas in Canada. The company primarily holds interests in assets located in the Montney area, which includes the Septimus/West Septimus, Tower, Groundbirch, Attachie, and Portage assets with 445 net sections with condensate, light oil, liquids-rich natural gas, and dry gas situated south and west of Fort St.
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