Crew Energy Inc (CR) Director David G. Smith Sells 2,804 Shares

Crew Energy Inc (TSE:CR) Director David G. Smith sold 2,804 shares of the firm’s stock in a transaction on Tuesday, April 11th. The stock was sold at an average price of C$5.07, for a total value of C$14,216.28.

Shares of Crew Energy Inc (TSE:CR) traded down 4.39% during mid-day trading on Thursday, hitting $4.79. The stock had a trading volume of 719,864 shares. The stock’s 50-day moving average price is $5.08 and its 200-day moving average price is $6.34. Crew Energy Inc has a 12-month low of $3.78 and a 12-month high of $8.10. The stock’s market capitalization is $703.27 million.

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Several equities research analysts have recently weighed in on the company. Desjardins raised their price objective on Crew Energy from C$7.75 to C$9.00 in a research note on Wednesday, December 21st. Royal Bank of Canada raised their target price on Crew Energy from C$8.00 to C$9.00 in a research report on Thursday, December 15th. TD Securities reaffirmed a “buy” rating and issued a C$9.00 target price on shares of Crew Energy in a research report on Friday, March 3rd. Raymond James Financial, Inc. reaffirmed a “strong-buy” rating and issued a C$10.75 target price on shares of Crew Energy in a research report on Friday, February 10th. Finally, Scotiabank reaffirmed an “outperform” rating and issued a C$9.00 target price on shares of Crew Energy in a research report on Friday, January 6th. One analyst has rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of C$8.65.

About Crew Energy

Crew Energy Inc is an oil and gas exploration, development and production company. The Company conducts its operations in the Western Canadian Sedimentary basin, primarily in the provinces of Alberta, British Columbia and Saskatchewan. Its activities are primarily focused in the vast Montney resource situated in northeast British Columbia.

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