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Crew Energy Inc. (TSE:CR) Senior Officer Jamie Bowman Sells 65,860 Shares

Defense World ·  Sep 25, 2022 04:51

Crew Energy Inc. (TSE:CR – Get Rating) Senior Officer Jamie Bowman sold 65,860 shares of the stock in a transaction dated Friday, September 23rd. The shares were sold at an average price of C$5.21, for a total value of C$342,867.16. Following the completion of the sale, the insider now owns 751,023 shares of the company's stock, valued at C$3,909,825.74.

Crew Energy Stock Down 7.7 %

Crew Energy stock opened at C$5.19 on Friday. The firm has a market cap of C$813.00 million and a price-to-earnings ratio of 2.73. Crew Energy Inc. has a 52 week low of C$2.46 and a 52 week high of C$6.99. The business's 50-day moving average price is C$5.78 and its 200 day moving average price is C$5.28. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 30.66.

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Crew Energy (TSE:CR – Get Rating) last issued its quarterly earnings data on Monday, August 8th. The company reported C$0.55 EPS for the quarter, beating the consensus estimate of C$0.37 by C$0.18. The business had revenue of C$198.24 million during the quarter. As a group, sell-side analysts anticipate that Crew Energy Inc. will post 1.11 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Raymond James increased their price target on Crew Energy from C$8.00 to C$9.00 and gave the company an "outperform" rating in a research note on Friday, August 19th. National Bankshares increased their price objective on Crew Energy from C$6.75 to C$7.50 and gave the company a "sector perform" rating in a report on Friday, August 19th. Stifel Nicolaus increased their price objective on Crew Energy from C$8.00 to C$10.00 in a report on Friday, August 19th. Royal Bank of Canada increased their price objective on Crew Energy from C$6.50 to C$7.50 and gave the company a "sector perform" rating in a report on Friday, August 19th. Finally, TD Securities increased their price objective on Crew Energy from C$7.50 to C$8.00 and gave the company a "buy" rating in a report on Monday, August 22nd. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of C$7.89.

About Crew Energy

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Crew Energy Inc engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGL) in Canada. It primarily holds interests in Septimus, West Septimus, Groundbirch/Monias, Tower, and Attachie, areas located in the southwest, south, and west of Fort St.

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