Gear Energy Ltd. (TSE:GXE – Get Free Report) Director Scott Robinson acquired 74,000 shares of the company’s stock in a transaction that occurred on Thursday, October 3rd. The shares were bought at an average price of C$0.59 per share, with a total value of C$43,978.20.
Gear Energy Price Performance
Gear Energy stock opened at C$0.62 on Friday. The company has a debt-to-equity ratio of 6.26, a current ratio of 0.95 and a quick ratio of 0.56. The stock has a market capitalization of C$163.42 million, a P/E ratio of 12.40 and a beta of 3.56. The firm’s 50-day moving average is C$0.64 and its two-hundred day moving average is C$0.68. Gear Energy Ltd. has a 12-month low of C$0.57 and a 12-month high of C$0.89.
Gear Energy (TSE:GXE – Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The company reported C$0.04 EPS for the quarter, meeting analysts’ consensus estimates of C$0.04. Gear Energy had a return on equity of 5.36% and a net margin of 9.65%. The business had revenue of C$40.76 million during the quarter, compared to the consensus estimate of C$40.20 million. Equities analysts predict that Gear Energy Ltd. will post 0.1398601 earnings per share for the current year.
Gear Energy Announces Dividend
Gear Energy Company Profile
Gear Energy Ltd., an exploration and production company, engages in the acquiring, developing, and holding of interests in petroleum and natural gas properties and assets in Canada. The company's oil properties are located in Central Alberta, West Central Saskatchewan, and Southeast Saskatchewan.
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