JOY (TSE:JOY) Sets New 1-Year High – Here’s Why

Shares of JOY Co., Ltd. (TSE:JOYGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$6.14 and last traded at C$6.10, with a volume of 419965 shares trading hands. The stock had previously closed at C$5.78.

JOY News Summary

Here are the key news stories impacting JOY this week:

JOY Trading Up 0.5%

The stock has a fifty day simple moving average of C$4.09 and a 200 day simple moving average of C$3.67. The company has a debt-to-equity ratio of 14.32, a quick ratio of 0.95 and a current ratio of 0.65. The firm has a market cap of C$382.62 million, a P/E ratio of 14.92, a price-to-earnings-growth ratio of 0.01 and a beta of 1.47.

JOY (TSE:JOYGet Free Report) last announced its quarterly earnings results on Wednesday, March 11th. The company reported C$0.14 earnings per share (EPS) for the quarter. JOY had a return on equity of 7.54% and a net margin of 13.26%.The firm had revenue of C$41.84 million for the quarter. On average, research analysts expect that JOY Co., Ltd. will post 0.2601215 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other JOY news, insider Richard Tracy sold 31,000 shares of the company’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of C$5.43, for a total transaction of C$168,330.00. Following the transaction, the insider owned 113,347 shares in the company, valued at approximately C$615,474.21. This represents a 21.48% decrease in their position. Over the last ninety days, insiders sold 55,500 shares of company stock valued at $301,410. 7.64% of the stock is currently owned by insiders.

JOY Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for JOY Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JOY and related companies with MarketBeat.com's FREE daily email newsletter.