Crew Energy (TSE:CR) Shares Cross Below 200-Day Moving Average of $4.50

Crew Energy Inc. (TSE:CRGet Free Report) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$4.50 and traded as low as C$4.28. Crew Energy shares last traded at C$4.30, with a volume of 135,369 shares.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. BMO Capital Markets set a C$5.25 target price on Crew Energy and gave the stock a “market perform” rating in a research report on Tuesday, April 9th. ATB Capital reduced their price objective on Crew Energy from C$7.25 to C$6.50 and set a “strong-buy” rating on the stock in a research report on Wednesday, March 20th. TD Securities reduced their price objective on Crew Energy from C$6.50 to C$5.50 and set a “buy” rating on the stock in a research report on Friday, February 9th. Finally, Desjardins reduced their price objective on Crew Energy from C$6.50 to C$6.25 and set a “buy” rating on the stock in a research report on Friday, March 22nd. One analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Crew Energy currently has an average rating of “Buy” and a consensus price target of C$6.69.

Check Out Our Latest Analysis on Crew Energy

Crew Energy Price Performance

The company has a 50-day moving average of C$4.53 and a two-hundred day moving average of C$4.50. The stock has a market capitalization of C$675.62 million, a PE ratio of 7.82, a P/E/G ratio of 0.09 and a beta of 1.66. The company has a debt-to-equity ratio of 8.07, a current ratio of 0.52 and a quick ratio of 0.92.

Crew Energy (TSE:CRGet Free Report) last released its earnings results on Thursday, May 9th. The company reported C$0.07 earnings per share for the quarter, missing the consensus estimate of C$0.11 by C($0.04). Crew Energy had a return on equity of 6.99% and a net margin of 30.10%. The business had revenue of C$84.44 million for the quarter. Sell-side analysts predict that Crew Energy Inc. will post 0.3776042 EPS for the current fiscal year.

Insider Buying and Selling

In other Crew Energy news, Director Karen Nielsen sold 18,649 shares of the company’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of C$4.55, for a total transaction of C$84,797.00. In other Crew Energy news, Director Karen Nielsen sold 18,649 shares of the company’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of C$4.55, for a total transaction of C$84,797.00. Also, Director Gail Hannon sold 7,019 shares of the company’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of C$4.44, for a total value of C$31,136.28. Over the last ninety days, insiders have sold 30,916 shares of company stock worth $140,735. 7.91% of the stock is owned by company insiders.

Crew Energy Company Profile

(Get Free Report)

Crew Energy Inc engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGL) in Canada. The company's principal properties include Montney oil and liquids-rich natural gas assets comprising Septimus, West Septimus, Groundbirch, and Monias and Tower located in the northeast British Columbia.

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