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Insider Selling: Crew Energy Inc. (TSE:CR) Senior Officer Sells C$342,867.16 in Stock

kopsource ·  Sep 26, 2022 04:34

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

Crew Energy Price Performance

Shares of Crew Energy stock opened at C$5.19 on Monday. The company has a debt-to-equity ratio of 30.66, a current ratio of 0.79 and a quick ratio of 0.79. Crew Energy Inc. has a fifty-two week low of C$2.46 and a fifty-two week high of C$6.99. The firm has a fifty day moving average price of C$5.78 and a two-hundred day moving average price of C$5.29. The company has a market cap of C$813.00 million and a PE ratio of 2.73.

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Crew Energy (TSE:CR – Get Rating) last issued its quarterly earnings results on Monday, August 8th. The company reported C$0.55 earnings per share for the quarter, beating analysts' consensus estimates of C$0.37 by C$0.18. The company had revenue of C$198.24 million during the quarter. Analysts expect that Crew Energy Inc. will post 1.11 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently commented on CR. Stifel Nicolaus increased their price target on shares of Crew Energy from C$8.00 to C$10.00 in a research note on Friday, August 19th. Raymond James upped their price objective on shares of Crew Energy from C$8.00 to C$9.00 and gave the stock an "outperform" rating in a report on Friday, August 19th. National Bankshares upped their price objective on shares of Crew Energy from C$6.75 to C$7.50 and gave the stock a "sector perform" rating in a report on Friday, August 19th. Scotiabank raised shares of Crew Energy from a "sector perform" rating to a "buy" rating and upped their price objective for the stock from C$8.00 to C$9.00 in a report on Monday, September 19th. Finally, Cormark upped their price objective on shares of Crew Energy from C$10.00 to C$11.00 and gave the stock a "buy" rating in a report on Monday, August 22nd. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, Crew Energy presently has a consensus rating of "Moderate Buy" and an average price target of C$7.89.

Crew Energy Company Profile

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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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