Journey Energy Inc (JOY) Shares Down 4.4%
Shares of Journey Energy Inc (TSE:JOY) fell 4.4% during mid-day trading on Wednesday . The company traded as low as C$2.12 and last traded at C$2.15. 2,850 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 53,141 shares. The stock had previously closed at C$2.25.
Separately, AltaCorp Capital lowered Journey Energy from an “outperform” rating to a “sector perform” rating in a report on Friday, August 11th.
In related news, Director Howard James Crone acquired 200,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 27th. The shares were acquired at an average cost of C$1.70 per share, with a total value of C$340,000.00. Also, Director Ryan Shay acquired 175,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 12th. The stock was bought at an average cost of C$1.75 per share, for a total transaction of C$306,250.00.
About Journey Energy
Journey Energy Inc (Journey) is a Canada-based exploration and production company. The Company is engaged in the exploration, development and production of oil and natural gas in the Western Canada Sedimentary Basin. The Company is focused on conventional, oil-weighted operations in western Canada. Journey’s Central Region is located west of Edmonton.
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