Logan Energy Corp. (CVE:LGN - Get Free Report) shares hit a new 52-week low on Tuesday . The company traded as low as C$0.58 and last traded at C$0.61, with a volume of 439000 shares traded. The stock had previously closed at C$0.61.
Wall Street Analyst Weigh In
Separately, Scotiabank lowered their target price on shares of Logan Energy from C$1.85 to C$1.75 in a report on Friday, January 17th. Four research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Logan Energy currently has an average rating of "Buy" and an average target price of C$1.50.
View Our Latest Stock Report on LGN
Logan Energy Price Performance
The stock's 50-day moving average price is C$0.69 and its 200-day moving average price is C$0.75. The company has a market cap of C$364.09 million and a P/E ratio of 18.22.
Logan Energy Company Profile
(
Get Free Report)
Logan Energy Corp. engages in the exploration, development and production of crude oil and natural gas properties. The company holds interest in the Simonette and Pouce Coupe properties in northwest Alberta; and the Flatrock property in northeastern British Columbia. Logan Energy Corp. was incorporated in 2023 and is headquartered in Calgary, Canada.
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