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.
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