JOY (TSE:JOY) Shares Pass Above 50 Day Moving Average – Time to Sell?

JOY Co., Ltd. (TSE:JOY) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$3.41 and traded as high as C$3.71. JOY shares last traded at C$3.59, with a volume of 195,545 shares trading hands.

JOY Stock Up 2.3%

The firm has a market capitalization of C$240.91 million, a price-to-earnings ratio of 11.97, a price-to-earnings-growth ratio of 0.01 and a beta of 0.80. The business has a 50 day moving average of C$3.41 and a 200 day moving average of C$3.20. The company has a debt-to-equity ratio of 19.07, a current ratio of 0.65 and a quick ratio of 0.95.

JOY (TSE:JOY) last announced its quarterly earnings results on Thursday, November 6th. The company reported C$0.06 earnings per share (EPS) for the quarter. The firm had revenue of C$43.63 million for the quarter. JOY had a net margin of 2.87% and a return on equity of 1.55%. On average, equities analysts anticipate that JOY Co., Ltd. will post 0.2601215 EPS for the current year.

JOY Company Profile

Journey Energy Inc is engaged in the exploration, development, and production of crude oil and natural gas in Alberta province. The company’s principal revenue source is from petroleum and natural gas sales which include the sale of crude oil, natural gas and natural gas liquids, of which it derives key revenue from the sale of crude oil.