Insider Selling: Crew Energy Inc. (TSE:CR) Director Sells 18,649 Shares of Stock

Crew Energy Inc. (TSE:CR) Director Karen Nielsen sold 18,649 shares of the business’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of C$4.55, for a total value of C$84,797.00.

Crew Energy Trading Up 0.2 %

Shares of TSE:CR opened at C$4.41 on Friday. Crew Energy Inc. has a 12-month low of C$3.73 and a 12-month high of C$6.61. The company has a market capitalization of C$688.97 million, a PE ratio of 5.96, a PEG ratio of 0.09 and a beta of 1.65. The business has a 50 day moving average of C$4.50 and a two-hundred day moving average of C$4.84. The company has a current ratio of 0.74, a quick ratio of 0.92 and a debt-to-equity ratio of 5.83.

Crew Energy (TSE:CR) last announced its quarterly earnings results on Thursday, March 7th. The company reported C$0.24 earnings per share (EPS) for the quarter. Crew Energy had a return on equity of 9.61% and a net margin of 38.98%. The company had revenue of C$90.14 million during the quarter. As a group, analysts forecast that Crew Energy Inc. will post 0.5334064 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on CR shares. Desjardins dropped their price target on Crew Energy from C$6.50 to C$6.25 and set a “buy” rating on the stock in a research note on Friday, March 22nd. BMO Capital Markets set a C$5.25 target price on Crew Energy and gave the company a “market perform” rating in a research report on Tuesday, April 9th. TD Securities dropped their target price on Crew Energy from C$6.50 to C$5.50 and set a “buy” rating on the stock in a research report on Friday, February 9th. ATB Capital dropped their target price on Crew Energy from C$7.25 to C$6.50 and set a “strong-buy” rating on the stock in a research report on Wednesday, March 20th. Finally, National Bankshares dropped their target price on Crew Energy from C$7.00 to C$5.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 10th. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of C$6.69.

About Crew Energy

Crew Energy Inc engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGL) in Canada. The company's principal properties include Montney oil and liquids-rich natural gas assets comprising Septimus, West Septimus, Groundbirch, and Monias and Tower located in the northeast British Columbia.