JOY (TSE:JOY) Sets New 1-Year High – Here’s What Happened

JOY Co., Ltd. (TSE:JOY) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$4.93 and last traded at C$4.90, with a volume of 383649 shares changing hands. The stock had previously closed at C$4.42.

JOY Price Performance

The stock has a 50 day moving average of C$3.66 and a 200-day moving average of C$3.50. The company has a debt-to-equity ratio of 11.56, a quick ratio of 0.95 and a current ratio of 0.58. The company has a market cap of C$328.82 million, a PE ratio of 16.33, a price-to-earnings-growth ratio of 0.01 and a beta of 1.47.

JOY (TSE:JOY) last posted its quarterly 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 5.90% and a net margin of 9.79%.The business had revenue of C$41.84 million for the quarter. Equities analysts predict that JOY Co., Ltd. will post 0.2601215 earnings per share for the current 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.