JOY (TSE:JOY) Stock Crosses Below 50 Day Moving Average – What’s Next?

JOY Co., Ltd. (TSE:JOY)’s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$3.68 and traded as low as C$3.63. JOY shares last traded at C$3.65, with a volume of 96,073 shares changing hands.

JOY Trading Down 2.7%

The company has a debt-to-equity ratio of 19.07, a quick ratio of 0.95 and a current ratio of 0.65. The firm has a market capitalization of C$244.94 million, a P/E ratio of 12.17, a price-to-earnings-growth ratio of 0.01 and a beta of 0.81. The firm has a 50 day moving average price of C$3.68 and a two-hundred day moving average price of C$2.87.

JOY (TSE:JOY) last announced its earnings results on Thursday, November 6th. The company reported C$0.06 EPS for the quarter. JOY had a return on equity of 1.55% and a net margin of 2.87%.The business had revenue of C$43.63 million during the quarter. On average, equities research analysts expect that JOY Co., Ltd. will post 0.2601215 EPS for the current fiscal year.

JOY Company Profile

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.