Journey Energy (OTCMKTS:JRNGF) Shares Up 3.6% – Time to Buy?

Journey Energy Inc. (OTCMKTS:JRNGFGet Free Report)’s stock price traded up 3.6% during trading on Tuesday . The stock traded as high as $2.4580 and last traded at $2.3860. 82,944 shares traded hands during mid-day trading, an increase of 84% from the average session volume of 44,979 shares. The stock had previously closed at $2.3020.

Journey Energy Trading Up 3.6%

The firm’s fifty day moving average is $2.51 and its 200-day moving average is $2.27.

About Journey Energy

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Journey Energy Inc (OTCMKTS:JRNGF) is an upstream oil and gas company headquartered in Calgary, Alberta. The company is primarily engaged in the exploration, development and production of natural gas, light crude oil and natural gas liquids in Western Canada. Through its portfolio of assets, Journey Energy focuses on value-driven growth by applying modern drilling and completion techniques to both conventional and unconventional reservoirs.

Journey Energy’s operations are concentrated in key resource plays such as the Montney and Duvernay formations in northeastern British Columbia and Alberta, as well as the Mannville and Cardium intervals in Alberta and Saskatchewan.

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