JOY (TSE:JOY) Insider Sells C$153,106.56 in Stock

JOY Co., Ltd. (TSE:JOY) insider Ryan Yates sold 26,581 shares of the company’s stock in a transaction dated Friday, March 27th. The shares were sold at an average price of C$5.76, for a total value of C$153,106.56. Following the sale, the insider owned 49,798 shares in the company, valued at approximately C$286,836.48. This represents a 34.80% decrease in their ownership of the stock.

JOY Trading Down 10.3%

Shares of JOY stock opened at C$4.89 on Thursday. The company’s 50-day moving average price is C$4.30 and its 200-day moving average price is C$3.76. The company has a market cap of C$329.98 million, a price-to-earnings ratio of 12.87, a PEG ratio of 0.01 and a beta of 1.47. JOY Co., Ltd. has a 12-month low of C$1.26 and a 12-month high of C$6.14. The company has a current ratio of 0.65, a quick ratio of 0.95 and a debt-to-equity ratio of 14.32.

JOY (TSE:JOY) last posted its earnings results on Wednesday, March 11th. The company reported C$0.14 earnings per share for the quarter. JOY had a net margin of 13.26% and a return on equity of 7.54%. The business had revenue of C$41.84 million for the quarter. On average, equities analysts expect that JOY Co., Ltd. will post 0.2601215 earnings per share for the current fiscal year.

More JOY News

Here are the key news stories impacting JOY this week:

• Neutral Sentiment: Local/community coverage about a new director at a “JOY Center” and Trans Day of Visibility pieces reference the word “joy” but relate to nonprofit/community topics, not JOY Co.’s operations or finances. New director at JOY Center is already making an impact
• Neutral Sentiment: Numerous entertainment and lifestyle articles (mentions of Joy Behar, Anya Taylor?Joy, etc.) use the name “Joy” but do not concern JOY Co.’s business or financial outlook, so they carry no clear corporate impact. Anya Taylor?Joy Would Like To Clear Up Those Rumors
• Negative Sentiment: Insider selling: Director/insider Ryan Yates sold 26,581 shares on March 27 at an average C$5.76 (roughly C$153k). The sale reduced his stake by ~34.8%; large, recent insider dispositions often increase perceived selling pressure and can weigh on the stock near?term. JOY insider sells 26,581 shares
• Negative Sentiment: Additional insider filing(s) reported smaller sales (~C$54,900 total reported by another outlet), compounding concerns about insider liquidity needs or reduced insider conviction when multiple sales appear in a short window. Insider selling reported by AmericanBankingNews
• Negative Sentiment: Financial/valuation context: recent quarterly EPS was C$0.14 with revenue ~C$41.8M, but liquidity ratios (current ratio ~0.65, quick ratio ~0.95) are weak and reported debt?to?equity is high — factors that can amplify downward pressure when insider selling occurs or sentiment turns. JOY financials and metrics

About JOY

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.