Journey Energy (TSE:JOY) Hits New 1-Year Low at $3.09

Shares of Journey Energy Inc. (TSE:JOY) reached a new 52-week low on Tuesday . The company traded as low as C$3.09 and last traded at C$3.11, with a volume of 136188 shares. The stock had previously closed at C$3.19.

Analyst Upgrades and Downgrades

Separately, Stifel Nicolaus decreased their target price on Journey Energy from C$5.50 to C$5.00 and set a “buy” rating on the stock in a report on Wednesday, March 6th.

Journey Energy Trading Up 6.4 %

The company has a debt-to-equity ratio of 19.71, a quick ratio of 0.95 and a current ratio of 0.44. The business has a fifty day simple moving average of C$3.51 and a 200 day simple moving average of C$4.17. The stock has a market capitalization of C$204.30 million, a price-to-earnings ratio of 13.88, a price-to-earnings-growth ratio of 0.01 and a beta of 3.63.

Journey Energy Company Profile

Journey Energy Inc engages in the exploration, development, and production of crude oil and natural gas in the province of Alberta, Canada. The company was formerly known as Sword Energy Inc and changed its name to Journey Energy Inc in July 2012. Journey Energy Inc was founded in 2007 and is headquartered in Calgary, Canada.