Journey Energy Inc (TSE:JOY) insider Brett Boklaschuk sold 11,600 shares of the firm’s stock in a transaction dated Friday, October 11th. The shares were sold at an average price of C$2.19, for a total transaction of C$25,404.00. Following the transaction, the insider now directly owns 90,004 shares in the company, valued at approximately C$197,108.76.

TSE JOY traded down C$0.04 during trading on Tuesday, reaching C$2.15. 300 shares of the company’s stock traded hands, compared to its average volume of 15,413. The company has a debt-to-equity ratio of 305.48, a current ratio of 0.18 and a quick ratio of 0.14. The firm has a market cap of $94.64 million and a price-to-earnings ratio of -2.57. The company’s 50 day simple moving average is C$2.24 and its two-hundred day simple moving average is C$2.42. Journey Energy Inc has a 12-month low of C$1.64 and a 12-month high of C$3.09.

Journey Energy (TSE:JOY) last posted its earnings results on Tuesday, August 6th. The company reported C($0.08) EPS for the quarter, missing analysts’ consensus estimates of C$0.01 by C($0.09). The business had revenue of C$28.10 million for the quarter, compared to analyst estimates of C$28.70 million. Research analysts expect that Journey Energy Inc will post -0.26 earnings per share for the current fiscal year.

Separately, GMP Securities raised their target price on shares of Journey Energy from C$2.75 to C$3.00 in a research report on Friday, June 28th.

About Journey Energy

Journey Energy Inc engages in the exploration, development, and production of crude oil and natural gas in the province of Alberta, Canada. Its principal cash generating units comprise Matziwin, Skiff, and Gilby Duvernay properties. The company was formerly known as Sword Energy Inc and changed its name to Journey Energy Inc in July 2012.

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