A Reversal for Crew Energy Inc Is Not Near. The Stock Rises Again

The stock of Crew Energy Inc (TSE:CR) is a huge mover today! The stock is up 1.82% or $0.07 after the news, hitting $3.92 per share. About 139,834 shares traded hands. Crew Energy Inc (TSE:CR) has declined 22.06% since August 10, 2015 and is downtrending. It has underperformed by 17.87% the S&P500. The move comes after 5 months positive chart setup for the $525.67 million company. It was reported on Mar, 16 by Barchart.com. We have $5.96 PT which if reached, will make TSE:CR worth $273.35 million more.

Out of 18 analysts covering Crew Energy Inc. (TSE:CR), 13 rate it “Buy”, 0 “Sell”, while 3 “Hold”. This means 81% are positive. Crew Energy Inc. was the topic in 18 analyst reports since August 24, 2015 according to StockzIntelligence Inc.

Crew Energy Inc. is an oil and gas exploration, development and production company. The company has a market cap of $525.67 million. The Firm conducts its activities in the Western Canadian Sedimentary basin, primarily in the provinces of Alberta, British Columbia and Saskatchewan. It currently has negative earnings. Crew Oil and Gas Inc. is a wholly owned subsidiary of the Company and has three partnerships, including Crew Energy Partnership, Crew Heavy Oil Partnership and Crew Conventional Partnership.

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