Q: Hi 5i team.....
Journey Energy today had a price movement of over 9% on volume of 10 times average on a low trade day. Can you shed any light on news or what is moving the stock today (friday Jan 2nd)?
Happy New Year and thanks for your continued great service.
Journey Energy today had a price movement of over 9% on volume of 10 times average on a low trade day. Can you shed any light on news or what is moving the stock today (friday Jan 2nd)?
Happy New Year and thanks for your continued great service.
5i Research Answer:
There was no news, and no insider filings so far from Friday (nothing since end of November). It was unusual trading but not enough to require any disclosure. The largest block trade was 35,500 shares.