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

JOY Co., Ltd. (TSE:JOY)’s share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$3.56 and traded as low as C$3.17. JOY shares last traded at C$3.18, with a volume of 142,126 shares traded.

JOY Stock Performance

The company has a quick ratio of 0.95, a current ratio of 0.65 and a debt-to-equity ratio of 19.07. The stock has a market capitalization of C$213.40 million, a price-to-earnings ratio of 10.60, a price-to-earnings-growth ratio of 0.01 and a beta of 0.80. The stock’s 50-day simple moving average is C$3.56 and its 200 day simple moving average is C$3.10.

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

About JOY

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.