Lycos Energy Inc. (CVE:LCX - Get Free Report) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$1.30 and last traded at C$1.42, with a volume of 79190 shares. The stock had previously closed at C$1.48.
Wall Street Analyst Weigh In
LCX has been the subject of a number of research reports. ATB Capital dropped their target price on shares of Lycos Energy from C$2.80 to C$2.25 and set an "outperform" rating for the company in a report on Tuesday, June 3rd. BMO Capital Markets lowered their price target on shares of Lycos Energy from C$3.50 to C$2.50 in a research report on Tuesday, June 3rd. National Bank Financial raised shares of Lycos Energy to a "hold" rating in a research note on Friday, May 30th. Finally, National Bankshares lowered shares of Lycos Energy from an "outperform" rating to a "sector perform" rating and decreased their target price for the stock from C$4.75 to C$2.00 in a research note on Tuesday, June 3rd.
Read Our Latest Analysis on Lycos Energy
Lycos Energy Trading Down 1.4%
The company has a market capitalization of C$73.96 million and a PE ratio of 7.32. The company has a fifty day simple moving average of C$1.65 and a 200-day simple moving average of C$2.13.
About Lycos Energy
(
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.
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