Crew Energy Inc (TSE:CR) shares dropped 5.4% on Friday . The stock traded as low as C$3.77 and last traded at C$3.82. Approximately 1,159,417 shares changed hands during trading, an increase of 123% from the average daily volume of 518,960 shares. The stock had previously closed at C$4.04.
The stock’s market cap is $570.32 million. The firm’s 50-day moving average is $3.95 and its 200 day moving average is $4.28.
In related news, insider Gmt Capital Corp acquired 14,500 shares of the firm’s stock in a transaction that occurred on Monday, June 19th. The shares were acquired at an average price of C$2.74 per share, with a total value of C$39,730.00. In the last ninety days, insiders have purchased 40,200 shares of company stock worth $120,926.
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About Crew Energy
Crew Energy Inc is a Canada-based oil and gas exploration, development and production company. It is a growth-oriented oil and natural gas producer. The Company’s activities are primarily focused in the Montney Resource situated in northeast British Columbia. Its Montney Resource is complemented by its Lloydminster heavy oil property in Alberta and Saskatchewan.
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