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Lycos Energy (CVE:LCX) Shares Up 3.2% - Still a Buy?

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Lycos Energy Inc. (CVE:LCX - Get Free Report)'s share price traded up 3.2% during trading on Thursday . The company traded as high as C$2.27 and last traded at C$2.27. 13,784 shares changed hands during trading, a decline of 83% from the average session volume of 83,150 shares. The stock had previously closed at C$2.20.

Analyst Upgrades and Downgrades

Separately, National Bankshares lowered their price target on Lycos Energy from C$5.25 to C$4.75 and set an "outperform" rating on the stock in a research note on Thursday, January 30th.

View Our Latest Research Report on LCX

Lycos Energy Price Performance

The firm has a fifty day moving average of C$2.34 and a 200 day moving average of C$2.62. The stock has a market cap of C$120.25 million and a price-to-earnings ratio of 11.89.

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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