Lycos Energy (CVE:LCX - Get Free Report) had its price objective cut by National Bankshares from C$5.25 to C$4.75 in a note issued to investors on Thursday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. National Bankshares' price objective would indicate a potential upside of 104.74% from the company's current price.
Lycos Energy Stock Down 2.5 %
Shares of LCX stock traded down C$0.06 on Thursday, reaching C$2.32. The company had a trading volume of 16,302 shares, compared to its average volume of 136,809. The stock has a market capitalization of C$123.45 million and a PE ratio of 12.21. Lycos Energy has a one year low of C$2.28 and a one year high of C$3.83. The business's 50-day moving average is C$2.60 and its 200 day moving average is C$2.85.
About Lycos Energy
(
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Lycos Energy Inc, a junior resource company, engages in the development and production of petroleum and natural gas in Western Canada. The company operates heavy-oil development assets in the Gull Lake area of southwest Saskatchewan and heavy-oil assets in the Lloydminster area. Lycos Energy Inc is headquartered in Calgary, Canada.
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