Crew Energy (TSE:CR) Stock Price Passes Above 200-Day Moving Average of $5.12

Crew Energy Inc. (TSE:CR – Get Rating)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$5.12 and traded as high as C$5.49. Crew Energy shares last traded at C$5.37, with a volume of 355,282 shares.

Analyst Ratings Changes

A number of equities analysts have issued reports on CR shares. Canaccord Genuity Group cut their target price on Crew Energy from C$8.00 to C$7.00 in a research report on Wednesday, March 29th. ATB Capital cut their target price on Crew Energy from C$8.00 to C$7.50 in a research report on Monday, April 17th. Stifel Nicolaus cut their target price on Crew Energy from C$7.50 to C$7.20 in a research report on Tuesday, May 9th. National Bankshares cut their target price on Crew Energy from C$6.50 to C$5.00 in a research report on Tuesday, April 18th. Finally, BMO Capital Markets dropped their price target on Crew Energy from C$8.00 to C$7.00 in a research report on Monday, March 27th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$7.57.

Crew Energy Stock Performance

The stock has a market capitalization of C$794.82 million, a P/E ratio of 2.98, a P/E/G ratio of 0.09 and a beta of 2.13. The stock has a 50 day moving average of C$4.76 and a 200 day moving average of C$5.12. The company has a debt-to-equity ratio of 15.64, a quick ratio of 0.92 and a current ratio of 0.74.

Crew Energy (TSE:CR – Get Rating) last released its quarterly earnings results on Wednesday, March 8th. The company reported C$0.44 earnings per share (EPS) for the quarter. Crew Energy had a return on equity of 28.62% and a net margin of 59.68%. The company had revenue of C$136.95 million during the quarter, compared to analysts’ expectations of C$123.00 million. Equities analysts predict that Crew Energy Inc. will post 0.7815385 EPS for the current year.

Insider Activity at Crew Energy

In related news, Director John Albert Brussa sold 7,017 shares of the firm’s stock in a transaction dated Friday, March 10th. The stock was sold at an average price of C$5.21, for a total transaction of C$36,558.57. Company insiders own 7.62% of the company’s stock.

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.