JOY (TSE:JOY) Insider Gerald Gilewicz Buys 30,000 Shares of Stock

JOY Co., Ltd. (TSE:JOY) insider Gerald Gilewicz purchased 30,000 shares of the stock in a transaction dated Tuesday, October 13th. The shares were acquired at an average cost of C$5.64 per share, for a total transaction of C$169,200.00. Following the completion of the acquisition, the insider owned 444,875 shares of the company’s stock, valued at approximately C$2,509,095. This represents a 7.23% increase in their ownership of the stock.

JOY Stock Performance

Shares of TSE JOY traded down C$0.01 during trading on Friday, reaching C$5.63. 496,689 shares of the company traded hands, compared to its average volume of 350,453. JOY Co., Ltd. has a 52-week low of C$3.00 and a 52-week high of C$6.81. The company has a quick ratio of 0.95, a current ratio of 0.58 and a debt-to-equity ratio of 12.34. The firm has a 50 day simple moving average of C$5.62 and a 200-day simple moving average of C$5.27. The stock has a market capitalization of C$379.92 million, a PE ratio of 14.82, a P/E/G ratio of 0.01 and a beta of 0.98.

JOY (TSE:JOY) last posted its earnings results on Thursday, August 6th. The company reported C$0.26 earnings per share for the quarter. The company had revenue of C$55.38 million for the quarter. JOY had a return on equity of 7.55% and a net margin of 15.09%. Equities research analysts anticipate that JOY Co., Ltd. will post 0.26 earnings per share for the current year.

Key Stories Impacting JOY

Here are the key news stories impacting JOY this week:

• Positive Sentiment: Director Gerald Gilewicz acquired 30,000 shares at an average price of C$5.64, investing approximately C$169,200. The purchase increased his stake by 7.23% to 444,875 shares and may signal confidence in JOY’s valuation and future prospects. JOY Co., Ltd. insider trading information
• Neutral Sentiment: The other recent articles concern entertainment personalities, films and lifestyle topics and are unrelated to JOY Co., Ltd.’s business or financial performance.

JOY Company Profile

Journey is a Canadian exploration and production company focused on oil-weighted operations in Alberta, Canada. Journey’s strategy is to grow its production base by drilling on its existing core lands, implementing secondary and tertiary flood projects on its existing lands, and by executing on accretive acquisitions. The Company continues to shift its focus to the development of its unconventional Duvernay light oil resource play. In addition, Journey is continuing with its plans to grow its power generation business through its projects at Gilby and Mazeppa.