Crew Energy Inc. (TSE:CR) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Crew Energy Inc. (TSE:CRGet Rating) have been assigned an average recommendation of “Moderate Buy” from the ten ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is C$6.03.

CR has been the topic of a number of recent analyst reports. Scotiabank lifted their price objective on Crew Energy from C$7.00 to C$7.50 in a research note on Thursday, July 14th. Stifel Nicolaus cut their price objective on Crew Energy from C$8.75 to C$7.50 in a research note on Monday, July 4th. Cormark lifted their price objective on Crew Energy from C$7.50 to C$8.50 and gave the stock a “buy” rating in a research note on Friday, May 6th. National Bankshares cut their price objective on Crew Energy from C$7.50 to C$6.75 and set a “sector perform” rating on the stock in a research note on Monday, July 18th. Finally, BMO Capital Markets lifted their price objective on Crew Energy from C$7.00 to C$8.00 in a research note on Friday, May 6th.

Insider Buying and Selling

In other Crew Energy news, Director John Albert Brussa acquired 20,000 shares of Crew Energy stock in a transaction on Monday, May 9th. The stock was purchased at an average price of C$4.75 per share, for a total transaction of C$95,000.00. Following the purchase, the director now directly owns 1,576,293 shares of the company’s stock, valued at C$7,487,391.75. In other Crew Energy news, Senior Officer Kurtis Fischer sold 36,097 shares of the company’s stock in a transaction on Thursday, June 2nd. The stock was sold at an average price of C$6.47, for a total value of C$233,439.30. Following the completion of the transaction, the insider now owns 676,770 shares in the company, valued at approximately C$4,376,671.59. Also, Director John Albert Brussa acquired 20,000 shares of Crew Energy stock in a transaction on Monday, May 9th. The stock was acquired at an average price of C$4.75 per share, with a total value of C$95,000.00. Following the purchase, the director now directly owns 1,576,293 shares in the company, valued at C$7,487,391.75.

Crew Energy Stock Performance

Crew Energy stock opened at C$5.66 on Wednesday. Crew Energy has a 12-month low of C$1.52 and a 12-month high of C$6.80. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 41.98. The business’s 50-day moving average price is C$5.27 and its two-hundred day moving average price is C$4.62. The stock has a market cap of C$865.79 million and a PE ratio of 4.56.

Crew Energy (TSE:CRGet Rating) last released its earnings results on Thursday, May 5th. The company reported C($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.26 by C($0.27). The business had revenue of C$130.43 million during the quarter. As a group, analysts expect that Crew Energy will post 0.9335838 earnings per share for the current fiscal year.

About Crew Energy

(Get Rating)

Crew Energy Inc engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGL) in Canada. It primarily holds interests in Septimus, West Septimus, Groundbirch/Monias, Tower, and Attachie, areas located in the southwest, south, and west of Fort St.

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Analyst Recommendations for Crew Energy (TSE:CR)

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