Insider Buying: Journey Energy Inc. (TSE:JOY) Director Acquires C$28,600.00 in Stock

Journey Energy Inc. (TSE:JOY) Director Alexander G. Verge acquired 20,000 shares of Journey Energy stock in a transaction that occurred on Friday, April 25th. The stock was purchased at an average cost of C$1.43 per share, for a total transaction of C$28,600.00.

Alexander G. Verge also recently made the following trade(s):

• On Wednesday, April 16th, Alexander G. Verge acquired 75,000 shares of Journey Energy stock. The stock was purchased at an average cost of C$1.38 per share, for a total transaction of C$103,500.00.
• On Tuesday, April 8th, Alexander G. Verge acquired 100,000 shares of Journey Energy stock. The stock was purchased at an average cost of C$1.41 per share, for a total transaction of C$141,000.00.
• On Thursday, April 3rd, Alexander G. Verge acquired 90,000 shares of Journey Energy stock. The stock was purchased at an average cost of C$1.68 per share, for a total transaction of C$151,200.00.

Journey Energy Stock Performance

Journey Energy stock opened at C$1.42 on Monday. The company has a debt-to-equity ratio of 19.07, a current ratio of 0.65 and a quick ratio of 0.95. Journey Energy Inc. has a 1-year low of C$1.26 and a 1-year high of C$3.94. The firm has a market capitalization of C$94.32 million, a P/E ratio of 17.39, a price-to-earnings-growth ratio of 0.01 and a beta of 3.41. The company’s 50-day moving average is C$1.57 and its 200 day moving average is C$1.92.

About Journey Energy

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.