Birchcliff Energy (OTCMKTS:BIREF) Rating Increased to Strong-Buy at TD Securities

Birchcliff Energy (OTCMKTS:BIREF - Get Free Report) was upgraded by stock analysts at TD Securities from a "hold" rating to a "strong-buy" rating in a research note issued to investors on Thursday,Zacks.com reports.

A number of other analysts also recently issued reports on the stock. National Bank Financial upgraded shares of Birchcliff Energy from a "hold" rating to a "strong-buy" rating in a report on Wednesday. Scotiabank raised shares of Birchcliff Energy from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 17th.

Birchcliff Energy Stock Up 0.5 %

BIREF stock traded up $0.02 during trading hours on Thursday, reaching $4.25. 99,045 shares of the stock were exchanged, compared to its average volume of 65,742. The firm's 50-day moving average is $3.74 and its 200-day moving average is $4.02. Birchcliff Energy has a 12 month low of $3.15 and a 12 month high of $4.83. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 106.28 and a beta of 0.62. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.01 and a quick ratio of 1.01.

Birchcliff Energy Company Profile

Birchcliff Energy Ltd., an intermediate oil and natural gas company, explores for, develops, and produces natural gas, light oil, condensate, and other natural gas liquids in Western Canada. The company holds interests in the areas of Montney/Doig Resource Play, including the Pouce Coupe and Gordondale properties in Alberta.