Is Journey Energy Inc a Buy? The Stock Rises Again

 Is Journey Energy Inc a Buy? The Stock Rises Again

The stock of Journey Energy Inc (TSE:JOY) is a huge mover today! About 17,325 shares traded hands or 21.72% up from the average. Journey Energy Inc (TSE:JOY) has risen 20.87% since April 27, 2016 and is uptrending. It has outperformed by 14.95% the S&P500.
The move comes after 9 months positive chart setup for the $123.39M company. It was reported on Dec, 1 by Barchart.com. We have $2.75 PT which if reached, will make TSE:JOY worth $6.17M more.

Another recent and important Journey Energy Inc (TSE:JOY) news was published by Prnewswire.com which published an article titled: “AIMCo Announces Investment in Journey Energy Inc.” on October 07, 2016.

Journey Energy Inc is a Canada exploration and production company. The company has a market cap of $123.39 million. The Firm is engaged in the exploration, development and production of oil and natural gas in the Western Canada Sedimentary Basin. It has a 2.76 P/E ratio. The Firm is focused on conventional, oil-weighted activities in western Canada.

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