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Lycos Energy (CVE:LCX) Hits New 52-Week Low - Should You Sell?

Lycos Energy logo with Energy background

Lycos Energy Inc. (CVE:LCX - Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$2.28 and last traded at C$2.30, with a volume of 33027 shares. The stock had previously closed at C$2.40.

Analyst Ratings Changes

Separately, National Bankshares lowered their price objective on shares of Lycos Energy from C$5.25 to C$4.75 and set an "outperform" rating on the stock in a report on Thursday.

Get Our Latest Stock Report on Lycos Energy

Lycos Energy Stock Down 2.5 %

The company has a market capitalization of C$126.64 million and a PE ratio of 12.53. The firm has a 50-day moving average of C$2.60 and a two-hundred day moving average of C$2.85.

About Lycos Energy

(Get Free Report)

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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