Shares of Lycos Energy Inc. (CVE:LCX - Get Free Report) were up 0.6% during mid-day trading on Monday . The stock traded as high as C$1.80 and last traded at C$1.70. Approximately 3,500 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 62,775 shares. The stock had previously closed at C$1.69.
Analyst Upgrades and Downgrades
Separately, National Bankshares decreased their price target on Lycos Energy from C$5.25 to C$4.75 and set an "outperform" rating for the company in a report on Thursday, January 30th.
Check Out Our Latest Stock Report on Lycos Energy
Lycos Energy Stock Up 0.6 %
The stock has a market capitalization of C$90.46 million and a price-to-earnings ratio of 8.95. The company has a 50 day simple moving average of C$1.99 and a 200-day simple moving average of C$2.39.
About Lycos Energy
(
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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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