Shares of Crew Energy Inc (TSE:CR) rose 5.2% during mid-day trading on Wednesday . The stock traded as high as C$4.05 and last traded at C$4.05. Approximately 970,987 shares traded hands during trading, an increase of 92% from the average daily volume of 506,192 shares. The stock had previously closed at C$3.85.

The stock’s 50 day moving average is $3.97 and its 200 day moving average is $4.30. The firm’s market capitalization is $594.15 million.

In other news, insider Gmt Capital Corp acquired 9,800 shares of the business’s stock in a transaction dated Monday, July 24th. The stock was acquired at an average price of C$3.13 per share, with a total value of C$30,674.00. In the last three months, insiders bought 40,200 shares of company stock valued at $120,926.

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About Crew Energy

Crew Energy Inc is a Canada-based oil and gas exploration, development and production company. It is a growth-oriented oil and natural gas producer. The Company’s activities are primarily focused in the Montney Resource situated in northeast British Columbia. Its Montney Resource is complemented by its Lloydminster heavy oil property in Alberta and Saskatchewan.

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