Journey Energy (TSE:JOY) Hits New 1-Year Low – Time to Sell?

Journey Energy Inc. (TSE:JOYGet Free Report) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$1.68 and last traded at C$1.69, with a volume of 62189 shares. The stock had previously closed at C$1.78.

Journey Energy Stock Down 4.5 %

The company has a market capitalization of C$112.92 million, a PE ratio of 20.82, a PEG ratio of 0.01 and a beta of 3.41. The company has a current ratio of 0.65, a quick ratio of 0.95 and a debt-to-equity ratio of 19.07. The business has a fifty day moving average of C$2.00 and a 200 day moving average of C$2.22.

About Journey Energy

(Get Free Report)

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.

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