Journey Energy Inc (JOY) Cut to Sector Perform at AltaCorp Capital
Journey Energy Inc (TSE:JOY) was downgraded by research analysts at AltaCorp Capital from an “outperform” rating to a “sector perform” rating in a report issued on Friday.
Shares of Journey Energy (JOY) opened at 1.87 on Friday. Journey Energy has a 12-month low of $1.66 and a 12-month high of $3.30. The firm has a market cap of $95.21 million and a price-to-earnings ratio of 1.33. The firm has a 50-day moving average price of $1.87 and a 200 day moving average price of $2.43.
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In related news, Director Alexander G. Verge bought 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 17th. The shares were acquired at an average cost of C$2.43 per share, for a total transaction of C$121,500.00. Also, Director Alexander G. Verge bought 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 14th. The stock was bought at an average price of C$1.90 per share, for a total transaction of C$47,500.00. Insiders purchased a total of 92,700 shares of company stock worth $203,836 over the last 90 days.
Journey Energy Company Profile
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