Crew Energy (TSE:CR) Stock Crosses Below 200 Day Moving Average of $4.44

Crew Energy Inc. (TSE:CR) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$4.44 and traded as low as C$4.27. Crew Energy shares last traded at C$4.44, with a volume of 176,613 shares trading hands.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on CR shares. Desjardins reduced their target price on shares of Crew Energy from C$6.50 to C$6.25 and set a “buy” rating for the company in a report on Friday, March 22nd. ATB Capital cut their price target on Crew Energy from C$7.25 to C$6.50 and set a “strong-buy” rating on the stock in a research report on Wednesday, March 20th. Finally, BMO Capital Markets set a C$5.25 price objective on Crew Energy and gave the company a “market perform” rating in a report on Tuesday, April 9th. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Crew Energy has an average rating of “Buy” and an average price target of C$6.69.

Crew Energy Trading Up 3.5 %

The company’s 50-day moving average is C$4.40 and its 200 day moving average is C$4.44. The company has a market cap of C$697.61 million, a price-to-earnings ratio of 8.07, a price-to-earnings-growth ratio of 0.09 and a beta of 1.66. The company has a quick ratio of 0.92, a current ratio of 0.52 and a debt-to-equity ratio of 8.07.

Crew Energy (TSE:CR) last posted its earnings results on Thursday, May 9th. The company reported C$0.07 EPS for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.04). Crew Energy had a net margin of 30.10% and a return on equity of 6.99%. The business had revenue of C$84.44 million for the quarter. Research analysts predict that Crew Energy Inc. will post 0.3776042 EPS for the current year.

Insider Buying and Selling at Crew Energy

In related news, Director Karen Nielsen sold 18,649 shares of the business’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of C$4.55, for a total value of C$84,797.00. 7.91% of the stock is owned by corporate insiders.

Crew Energy Company Profile

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.