Free Trial

Coelacanth Energy (CVE:CEI) Stock Price Up 1.2% - Time to Buy?

Coelacanth Energy logo with Energy background

Coelacanth Energy Inc. (CVE:CEI - Get Free Report) shares shot up 1.2% on Thursday . The stock traded as high as C$0.86 and last traded at C$0.86. 3,000 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 179,597 shares. The stock had previously closed at C$0.85.

Analysts Set New Price Targets

A number of research firms have recently issued reports on CEI. Atb Cap Markets raised shares of 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 Stock Analysis on Coelacanth Energy

Coelacanth Energy Stock Performance

The firm has a market capitalization of C$435.15 million, a price-to-earnings ratio of -64.47 and a beta of 0.98. The stock's 50-day simple moving average is C$0.85.

About Coelacanth Energy

(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.

See Also

Should You Invest $1,000 in Coelacanth Energy Right Now?

Before you consider Coelacanth Energy, 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 Coelacanth Energy wasn't on the list.

While Coelacanth Energy currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

7 Cybersecurity Stocks Outperforming the Market Right Now
Markets in Rally Mode: Will Earnings Keep It Going?
3 Tech Stocks to Buy Now—And 3 You’ll Regret Keeping

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines