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 41,497 shares traded hands. Crew Energy Inc (TSE:CR) has risen 88.41% since April 6, 2016 and is uptrending. It has outperformed by 82.76% the S&P500.
The move comes after 9 months negative chart setup for the $1.05B company. It was reported on Nov, 10 by Barchart.com. We have $6.59 PT which if reached, will make TSE:CR worth $52.50 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. $9 is the highest target while $4.25 is the lowest. The $6.87 average target is -1.01% below today’s ($6.94) stock price. Crew Energy Inc. has been the topic of 28 analyst reports since August 24, 2015 according to StockzIntelligence Inc. Raymond James maintained the stock with “” rating in Monday, June 6 report. Scotia Capital upgraded it to “Outperform” rating and $7 target price in Friday, September 11 report. RBC Capital Markets upgraded the stock to “Sector Outperform” rating in Wednesday, December 2 report. Scotia Capital maintained Crew Energy Inc (TSE:CR) on Friday, November 4 with “Outperform” rating. As per Monday, August 24, the company rating was initiated by Canaccord Genuity. The firm has “Market Perform” rating by BMO Capital Markets given on Friday, February 12. The firm has “Outperform” rating given on Wednesday, January 6 by FirstEnergy Capital.

Crew Energy Inc. is an oil and gas exploration, development and production company. The company has a market cap of $1.05 billion. 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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