JOY (TSE:JOY) Stock Price Up 3.2% – Here’s Why

JOY Co., Ltd. (TSE:JOY)’s share price was up 3.2% during mid-day trading on Thursday . The stock traded as high as C$3.57 and last traded at C$3.56. Approximately 184,279 shares were traded during mid-day trading, an increase of 32% from the average daily volume of 139,468 shares. The stock had previously closed at C$3.45.

JOY Price Performance

The firm has a market capitalization of C$259.03 million, a P/E ratio of 12.87, a P/E/G ratio of 0.01 and a beta of 1.08. The stock’s 50 day simple moving average is C$3.33 and its 200 day simple moving average is C$3.29. The company has a debt-to-equity ratio of 19.07, a quick ratio of 0.95 and a current ratio of 0.65.

JOY (TSE:JOY) last announced its quarterly earnings results on Thursday, November 6th. The company reported C$0.06 earnings per share (EPS) for the quarter. JOY had a return on equity of 1.55% and a net margin of 2.87%.The firm had revenue of C$43.63 million during the quarter. As a group, analysts expect that JOY Co., Ltd. will post 0.2601215 earnings per share for the current fiscal year.

About JOY

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.