JOY (TSE:JOY) Posts Quarterly Earnings Results

JOY (TSE:JOY) released its quarterly earnings data on Thursday. The company reported C$0.26 EPS for the quarter, FiscalAI reports. The business had revenue of C$55.38 million for the quarter. JOY had a net margin of 7.12% and a return on equity of 3.55%.

JOY Stock Performance

Shares of JOY opened at C$4.29 on Friday. The company has a current ratio of 0.52, a quick ratio of 0.95 and a debt-to-equity ratio of 14.84. The stock has a market cap of C$289.49 million, a P/E ratio of 25.24, a PEG ratio of 0.01 and a beta of 0.80. The company has a 50-day moving average of C$4.67 and a two-hundred day moving average of C$4.77. JOY has a 12-month low of C$2.40 and a 12-month high of C$6.81.

Insider Buying and Selling

In other JOY news, Director Tom Macinnis purchased 21,250 shares of the stock in a transaction dated Friday, June 19th. The shares were acquired at an average cost of C$4.69 per share, for a total transaction of C$99,662.50. Following the completion of the transaction, the director directly owned 21,250 shares of the company’s stock, valued at C$99,662.50. This trade represents a ∞ increase in their ownership of the stock. Also, Director Craig Henry Hansen sold 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of C$6.38, for a total transaction of C$319,000.00. Following the transaction, the director directly owned 267,396 shares of the company’s stock, valued at approximately C$1,705,986.48. This trade represents a 15.75% decrease in their ownership of the stock. Over the last ninety days, insiders have sold 330,000 shares of company stock valued at $2,135,250. 7.64% of the stock is owned by company insiders.

JOY Company Profile

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.