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Coelacanth Energy (CVE:CEI) Trading Up 1.2% - Here's Why

Coelacanth Energy logo with Energy background

Coelacanth Energy Inc. (CVE:CEI - Get Free Report)'s stock price traded up 1.2% on Friday . The company traded as high as C$0.84 and last traded at C$0.84. 8,700 shares were traded during mid-day trading, a decline of 94% from the average session volume of 155,261 shares. The stock had previously closed at C$0.83.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Atb Cap Markets raised Coelacanth Energy to a "strong-buy" rating in a research report on Thursday, February 6th. Cormark upgraded Coelacanth Energy to a "moderate buy" rating in a report on Tuesday, March 4th.

Read Our Latest Research Report on CEI

Coelacanth Energy Stock Down 1.3 %

The firm has a market cap of C$413.92 million, a P/E ratio of -61.32 and a beta of 0.98. The business's 50 day moving average is C$0.84 and its 200-day moving average is C$0.81.

Coelacanth Energy Company Profile

(Get Free Report)

Coelacanth Energy Inc, an oil and natural gas company, engages in the acquisition, development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada. The company owns approximately 150 net sections of Montney acreage located in the Two Rivers area of northeastern British Columbia.

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