Reconnaissance Energy Africa Ltd. (CVE:RECO - Get Free Report) traded down 1.6% during trading on Thursday . The company traded as low as C$0.89 and last traded at C$0.91. 301,263 shares were traded during trading, a decline of 1% from the average session volume of 304,157 shares. The stock had previously closed at C$0.92.
Reconnaissance Energy Africa Price Performance
The stock has a market capitalization of C$241.28 million, a PE ratio of 2.59 and a beta of 1.23. The firm's 50 day simple moving average is C$0.99 and its 200 day simple moving average is C$1.08.
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.
Recommended Stories
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
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
