Lycos Energy Inc. (CVE:LCX - Get Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$1.20 and last traded at C$1.29, with a volume of 34699 shares changing hands. The stock had previously closed at C$1.26.
Analysts Set New Price Targets
A number of analysts recently issued reports on the company. BMO Capital Markets lowered their price target on Lycos Energy from C$3.50 to C$2.50 in a research report on Tuesday, June 3rd. National Bankshares downgraded Lycos Energy from an "outperform" rating to a "sector perform" rating and reduced their target price for the stock from C$4.75 to C$2.00 in a research note on Tuesday, June 3rd. National Bank Financial raised Lycos Energy to a "hold" rating in a research note on Friday, May 30th. Finally, ATB Capital reduced their price target on Lycos Energy from C$2.80 to C$2.25 and set an "outperform" rating on the stock in a research report on Tuesday, June 3rd.
Read Our Latest Report on LCX
Lycos Energy Trading Up 2.4%
The business has a 50-day moving average price of C$1.36 and a two-hundred day moving average price of C$1.83. The firm has a market capitalization of C$67.04 million and a price-to-earnings ratio of 6.63.
Lycos Energy Company Profile
(
Get Free Report)
Lycos Energy Inc, a junior resource company, engages in the development and production of petroleum and natural gas in Western Canada. The company operates heavy-oil development assets in the Gull Lake area of southwest Saskatchewan and heavy-oil assets in the Lloydminster area. Lycos Energy Inc is headquartered in Calgary, Canada.
Featured Stories
Before you consider Lycos Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lycos Energy wasn't on the list.
While Lycos Energy currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access