Reconnaissance Energy Africa Ltd. (CVE:RECO - Get Free Report)'s share price was down 7.1% on Monday . The stock traded as low as C$0.77 and last traded at C$0.78. Approximately 407,361 shares traded hands during mid-day trading, an increase of 28% from the average daily volume of 318,312 shares. The stock had previously closed at C$0.84.
Reconnaissance Energy Africa Stock Performance
The company has a fifty day simple moving average of C$0.54 and a 200 day simple moving average of C$0.53. The stock has a market capitalization of C$146.06 million, a price-to-earnings ratio of 1.77 and a beta of -0.66.
About Reconnaissance Energy Africa
(
Get Free Report)
Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in exploration and development of oil and gas properties in Namibia and Botswana. The company holds a 90% interest in a petroleum exploration license that covers an area of approximately 25,341.33 square kilometer located in Namibia; and 100% working interest in a petroleum license, which covers an area of 8,990 square kilometer located in northwestern Botswana.
See Also
Before you consider Reconnaissance Energy Africa, 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 Reconnaissance Energy Africa wasn't on the list.
While Reconnaissance Energy Africa currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
