Crew Energy Inc. (TSE:CR) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of Crew Energy Inc. (TSE:CR) have received a consensus rating of “Buy” from the six brokerages that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is C$6.69.

Several equities research analysts have recently weighed in on CR shares. ATB Capital cut their target price on Crew Energy from C$7.25 to C$6.50 and set a “strong-buy” rating on the stock in a research report on Wednesday, March 20th. Desjardins dropped their target price on shares of Crew Energy from C$6.50 to C$6.25 and set a “buy” rating for the company in a report on Friday, March 22nd. Finally, BMO Capital Markets set a C$5.25 price objective on shares of Crew Energy and gave the company a “market perform” rating in a research note on Tuesday, April 9th.

Crew Energy Stock Down 0.2 %

Crew Energy stock opened at C$4.10 on Friday. The company has a market capitalization of C$644.19 million, a PE ratio of 7.45, a price-to-earnings-growth ratio of 0.09 and a beta of 1.66. The company has a debt-to-equity ratio of 8.07, a quick ratio of 0.92 and a current ratio of 0.52. Crew Energy has a fifty-two week low of C$3.73 and a fifty-two week high of C$6.61. The firm has a 50 day moving average price of C$4.43 and a 200 day moving average price of C$4.44.

Crew Energy (TSE:CR) last issued its quarterly earnings results on Thursday, May 9th. The company reported C$0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.04). The business had revenue of C$84.44 million for the quarter. Crew Energy had a return on equity of 6.99% and a net margin of 30.10%. Research analysts expect that Crew Energy will post 0.3776042 earnings per share for the current year.

Insider Buying and Selling at Crew Energy

In other news, Director Karen Nielsen sold 18,649 shares of the firm’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of C$4.55, for a total transaction of C$84,797.00. 7.91% of the stock is owned by company insiders.

Crew Energy Company Profile

Crew Energy Inc engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGL) in Canada. The company's principal properties include Montney oil and liquids-rich natural gas assets comprising Septimus, West Septimus, Groundbirch, and Monias and Tower located in the northeast British Columbia.