Jamie Bowman Sells 65,860 Shares of Crew Energy Inc. (TSE:CR) Stock
Crew Energy Inc. (TSE:CR – Get Rating) Senior Officer Jamie Bowman sold 65,860 shares of the business’s stock in a transaction on Friday, September 23rd. The shares were sold at an average price of C$5.21, for a total transaction of C$342,867.16. Following the sale, the insider now directly owns 751,023 shares in the company, valued at C$3,909,825.74.
Crew Energy Price Performance
TSE:CR traded down C$0.43 during mid-day trading on Friday, hitting C$5.19. The company’s stock had a trading volume of 898,002 shares, compared to its average volume of 1,112,533. The company has a market capitalization of C$813.00 million and a price-to-earnings ratio of 2.96. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 30.66. Crew Energy Inc. has a fifty-two week low of C$2.46 and a fifty-two week high of C$6.99. The stock has a fifty day moving average of C$5.76 and a 200-day moving average of C$5.26.
Crew Energy (TSE:CR – Get Rating) last released its quarterly earnings data on Monday, August 8th. The company reported C$0.55 earnings per share for the quarter, beating the consensus estimate of C$0.37 by C$0.18. The company had revenue of C$198.24 million during the quarter. As a group, equities analysts forecast that Crew Energy Inc. will post 1.11 EPS for the current fiscal year.
Analyst Ratings Changes
A number of brokerages recently issued reports on CR. Cormark upped their price objective on shares of Crew Energy from C$10.00 to C$11.00 and gave the stock a “buy” rating in a report on Monday, August 22nd. Raymond James upped their price target on shares of Crew Energy from C$8.00 to C$9.00 and gave the company an “outperform” rating in a report on Friday, August 19th. National Bankshares upped their price target on shares of Crew Energy from C$6.75 to C$7.50 and gave the company a “sector perform” rating in a report on Friday, August 19th. Royal Bank of Canada upped their price target on shares of Crew Energy from C$6.50 to C$7.50 and gave the company a “sector perform” rating in a report on Friday, August 19th. Finally, ATB Capital upped their price objective on shares of Crew Energy from C$8.00 to C$8.75 in a research report on Friday, August 19th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, Crew Energy currently has an average rating of “Moderate Buy” and a consensus target price of C$7.89.
Crew Energy Company Profile
Crew Energy Inc engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGL) in Canada. It primarily holds interests in Septimus, West Septimus, Groundbirch/Monias, Tower, and Attachie, areas located in the southwest, south, and west of Fort St.
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