Karen Nielsen Sells 18,649 Shares of Crew Energy Inc. (TSE:CR) Stock

Crew Energy Inc. (TSE:CR) Director Karen Nielsen sold 18,649 shares of the firm’s stock in a transaction that occurred on 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 Trading Down 2.2 %

Shares of TSE:CR opened at C$4.40 on Friday. The stock has a market capitalization of C$687.41 million, a price-to-earnings ratio of 5.95, a PEG ratio of 0.09 and a beta of 1.65. Crew Energy Inc. has a 1-year low of C$3.73 and a 1-year 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 company has a 50 day moving average price of C$4.49 and a 200 day moving average price of C$4.84.

Crew Energy (TSE:CR) last issued its earnings results on Thursday, March 7th. The company reported C$0.24 earnings per share 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 during the quarter. On average, research analysts anticipate that Crew Energy Inc. will post 0.5334064 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on CR shares. BMO Capital Markets set a C$5.25 price objective on shares of Crew Energy and gave the company a “market perform” rating in a research note on Tuesday, April 9th. Raymond James lowered their price objective on shares of Crew Energy from C$8.50 to C$7.50 and set an “outperform” rating on the stock in a research note on Friday, January 19th. TD Securities lowered their price objective on shares of Crew Energy from C$6.50 to C$5.50 and set a “buy” rating on the stock in a research note on Friday, February 9th. ATB Capital lowered their price objective on shares of Crew Energy from C$7.25 to C$6.50 and set a “strong-buy” rating on the stock in a research note on Wednesday, March 20th. Finally, Desjardins lowered their price objective on shares of Crew Energy from C$6.50 to C$6.25 and set a “buy” rating on the stock in a research note on Friday, March 22nd. One investment 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 stock. According to MarketBeat.com, Crew Energy presently has an average rating of “Buy” and a consensus target price 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.