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

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

Analyst Ratings Changes

Separately, Stifel Nicolaus dropped 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 Stock Up 6.4 %

The company has a debt-to-equity ratio of 19.71, a current ratio of 0.44 and a quick ratio of 0.95. The company has a market cap of C$204.30 million, a price-to-earnings ratio of 13.88, a P/E/G ratio of 0.01 and a beta of 3.63. The firm’s 50 day simple moving average is C$3.51 and its 200-day simple moving average is C$4.17.

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.