Gear Energy Ltd (GXE) Director John O’connell Sells 12,083 Shares

Gear Energy Ltd (TSE:GXE) Director John O’connell sold 12,083 shares of the stock in a transaction dated Wednesday, April 12th. The shares were sold at an average price of C$0.92, for a total value of C$11,116.36.

John O’connell also recently made the following trade(s):

  • On Friday, April 7th, John O’connell sold 11,905 shares of Gear Energy stock. The shares were sold at an average price of C$0.87, for a total value of C$10,357.35.
  • On Wednesday, April 5th, John O’connell sold 4,447 shares of Gear Energy stock. The shares were sold at an average price of C$0.88, for a total value of C$3,913.36.
  • On Wednesday, March 29th, John O’connell bought 12,107 shares of Gear Energy stock. The stock was bought at an average price of C$0.88 per share, with a total value of C$10,654.16.
  • On Thursday, March 30th, John O’connell bought 600 shares of Gear Energy stock. The stock was bought at an average price of C$0.88 per share, with a total value of C$528.00.

Gear Energy Ltd (TSE:GXE) traded up 2.22% during midday trading on Thursday, hitting $0.92. The stock had a trading volume of 647,854 shares. Gear Energy Ltd has a 12-month low of $0.49 and a 12-month high of $1.25. The stock’s market cap is $177.47 million. The company’s 50-day moving average price is $0.87 and its 200 day moving average price is $0.88.

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Separately, Desjardins reiterated a “hold” rating and issued a C$1.10 target price on shares of Gear Energy in a research note on Thursday, February 16th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of C$1.05.

Gear Energy Company Profile

Gear Energy Ltd. is an exploration and production company with heavy and light oil production in Central Alberta and West Central Saskatchewan. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. The Company’s properties include Paradise Hill, Wildmere Cummings, Wilson Creek and Hoosier.

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