Shares of Lycos Energy Inc. (CVE:LCX - Get Free Report) shot up 0.4% on Friday . The stock traded as high as C$2.70 and last traded at C$2.65. 34,750 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 43,321 shares. The stock had previously closed at C$2.64.
Analyst Upgrades and Downgrades
Separately, National Bankshares cut their price target on Lycos Energy from C$9.00 to C$7.50 in a research note on Friday, September 27th.
Read Our Latest Analysis on Lycos Energy
Lycos Energy Stock Up 0.4 %
The company's 50-day simple moving average is C$2.80 and its 200 day simple moving average is C$3.06. The company has a market capitalization of C$141.01 million and a P/E ratio of 13.95.
Lycos Energy Company Profile
(
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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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