Insider Selling: JOY (TSE:JOY) Director Sells C$1,296,000.00 in Stock

JOY Co., Ltd. (TSE:JOY) Director Alexander Verge sold 200,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of C$6.48, for a total value of C$1,296,000.00. Following the transaction, the director directly owned 268,900 shares of the company’s stock, valued at C$1,742,472. This represents a 42.65% decrease in their position.

JOY Trading Down 2.5%

Shares of JOY stock opened at C$6.37 on Wednesday. The stock has a 50-day simple moving average of C$5.43 and a 200 day simple moving average of C$4.27. JOY Co., Ltd. has a fifty-two week low of C$1.52 and a fifty-two week high of C$6.81. The stock has a market capitalization of C$429.85 million, a P/E ratio of 37.47, a P/E/G ratio of 0.01 and a beta of 0.84. The company has a quick ratio of 0.95, a current ratio of 0.52 and a debt-to-equity ratio of 14.73.

JOY (TSE:JOY) last announced its earnings results on Wednesday, March 11th. The company reported C$0.14 earnings per share for the quarter. JOY had a return on equity of 3.55% and a net margin of 7.12%.The business had revenue of C$41.84 million during the quarter. On average, sell-side analysts expect that JOY Co., Ltd. will post 0.2601215 earnings per share for the current fiscal year.

About JOY

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.