Crew Energy Inc. (OTCMKTS:CWEGF) Short Interest Update

Crew Energy Inc. (OTCMKTS:CWEGFGet Rating) saw a significant drop in short interest in April. As of April 15th, there was short interest totalling 124,000 shares, a drop of 27.9% from the March 31st total of 172,100 shares. Based on an average daily volume of 269,500 shares, the days-to-cover ratio is currently 0.5 days.

A number of analysts recently commented on CWEGF shares. National Bank Financial increased their price target on Crew Energy from C$5.00 to C$5.75 in a research report on Thursday, April 14th. Raymond James increased their price target on Crew Energy from C$5.00 to C$6.00 in a research report on Wednesday, March 9th. Stifel Nicolaus increased their price target on Crew Energy from C$6.00 to C$7.50 in a research report on Friday, April 22nd. BMO Capital Markets increased their price target on Crew Energy from C$6.50 to C$7.00 in a research report on Friday, April 22nd. Finally, Scotiabank increased their price target on Crew Energy from C$6.00 to C$6.50 in a research report on Monday, April 18th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $6.55.

OTCMKTS:CWEGF traded down $0.04 during trading hours on Monday, reaching $3.92. The stock had a trading volume of 31,600 shares, compared to its average volume of 104,070. The stock has a 50 day simple moving average of $3.46 and a 200 day simple moving average of $2.83. Crew Energy has a 12-month low of $0.81 and a 12-month high of $4.67.

Crew Energy Company Profile (Get Rating)

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.

Further Reading

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