Could Crew Energy Inc Recover After Today’s Huge Decline?

 Could Crew Energy Inc Recover After Today's Huge Decline?

The stock of Crew Energy Inc (TSE:CR) is a huge mover today! About 101,284 shares traded hands. Crew Energy Inc (TSE:CR) has risen 85.82% since April 18, 2016 and is uptrending. It has outperformed by 81.26% the S&P500.
The move comes after 8 months negative chart setup for the $1.08 billion company. It was reported on Nov, 22 by We have $7.10 PT which if reached, will make TSE:CR worth $64.80 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 -9.01% below today’s ($7.55) stock price. Crew Energy Inc. has been the topic of 28 analyst reports since August 24, 2015 according to StockzIntelligence Inc. As per Friday, September 11, the company rating was upgraded by Scotia Capital. The firm has “Outperform” rating given on Wednesday, January 6 by FirstEnergy Capital. The stock of Crew Energy Inc (TSE:CR) has “Sector Outperform” rating given on Wednesday, December 2 by RBC Capital Markets. The stock of Crew Energy Inc (TSE:CR) has “Buy” rating given on Monday, August 24 by Canaccord Genuity. The stock of Crew Energy Inc (TSE:CR) earned “Market Perform” rating by BMO Capital Markets on Friday, February 12. The stock of Crew Energy Inc (TSE:CR) has “Outperform” rating given on Friday, November 4 by Scotia Capital. As per Monday, June 6, the company rating was maintained by Raymond James.

Another recent and important Crew Energy Inc (TSE:CR) news was published by which published an article titled: “Crew Energy Inc. Announces Third Quarter 2016 Financial and Operating Results …” on November 03, 2016.

Crew Energy Inc. is an oil and gas exploration, development and production company. The company has a market cap of $1.08 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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