Crew Energy Inc. (TSE:CR) Director Sells C$84,797.00 in Stock

Crew Energy Inc. (TSE:CR) Director Karen Nielsen sold 18,649 shares of the business’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of C$4.55, for a total transaction of C$84,797.00.

Crew Energy Price Performance

Shares of TSE:CR remained flat at C$4.49 during midday trading on Wednesday. 109,920 shares of the company were exchanged, compared to its average volume of 246,168. Crew Energy Inc. has a fifty-two week low of C$3.73 and a fifty-two week high of C$6.61. The company has a debt-to-equity ratio of 5.83, a quick ratio of 0.92 and a current ratio of 0.74. The stock’s fifty day moving average price is C$4.48 and its two-hundred day moving average price is C$4.85. The firm has a market cap of C$701.47 million, a price-to-earnings ratio of 6.07, a PEG ratio of 0.09 and a beta of 1.65.

Crew Energy (TSE:CR) last issued its quarterly earnings results on Thursday, March 7th. The company reported C$0.24 earnings per share (EPS) for the quarter. Crew Energy had a net margin of 38.98% and a return on equity of 9.61%. The firm had revenue of C$90.14 million for the quarter. As a group, analysts forecast that Crew Energy Inc. will post 0.5334064 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CR. Raymond James reduced their target price on shares of Crew Energy from C$8.50 to C$7.50 and set an “outperform” rating on the stock in a research report on Friday, January 19th. Desjardins cut their target price on shares of Crew Energy from C$6.50 to C$6.25 and set a “buy” rating on the stock in a report on Friday, March 22nd. BMO Capital Markets set a C$5.25 target price on shares of Crew Energy and gave the stock a “market perform” rating in a report on Tuesday, April 9th. National Bankshares cut their target price on shares of Crew Energy from C$7.00 to C$5.00 and set an “outperform” rating on the stock in a report on Wednesday, January 10th. Finally, ATB Capital cut their target price on shares of Crew Energy from C$7.25 to C$6.50 and set a “strong-buy” rating on the stock in a report on Wednesday, March 20th. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of C$6.69.

About Crew Energy

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.