Will Crew Energy Inc Short Squeeze Soon?

 Will Crew Energy Inc Short Squeeze Soon?

The stock of Crew Energy Inc (TSE:CR) is a huge mover today! About 248,278 shares traded hands. Crew Energy Inc (TSE:CR) has risen 74.93% since March 24, 2016 and is uptrending. It has outperformed by 71.46% the S&P500.
The move comes after 7 months negative chart setup for the $937.30 million company. It was reported on Oct, 31 by Barchart.com. We have $6.30 PT which if reached, will make TSE:CR worth $46.87 million less.

Crew Energy Inc (TSE:CR) Ratings Coverage

Out of 6 analysts covering Crew Energy Inc. (TSE:CR), 4 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 67% are positive. Crew Energy Inc. has been the topic of 26 analyst reports since August 24, 2015 according to StockzIntelligence Inc. The stock has “Sector Outperform” rating given by RBC Capital Markets on Wednesday, December 2. Canaccord Genuity initiated Crew Energy Inc (TSE:CR) on Monday, August 24 with “Buy” rating. FirstEnergy Capital upgraded the stock to “Outperform” rating in Wednesday, January 6 report. The stock has “” rating given by Raymond James on Monday, June 6. The stock of Crew Energy Inc (TSE:CR) has “Outperform” rating given on Friday, September 11 by Scotia Capital. The stock has “Market Perform” rating given by BMO Capital Markets on Friday, February 12.

Crew Energy Inc. is an oil and gas exploration, development and production company. The company has a market cap of $937.30 million. The Firm conducts its activities in the Western Canadian Sedimentary basin, primarily in the provinces of Alberta, British Columbia and Saskatchewan. It currently has negative earnings. The Company’s activities are primarily focused in the vast Montney resource situated in northeast British Columbia.

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