Shares of Reconnaissance Energy Africa Ltd. (CVE:RECO - Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.65 and last traded at C$0.64, with a volume of 176144 shares traded. The stock had previously closed at C$0.67.
Reconnaissance Energy Africa Price Performance
The stock has a market cap of C$163.84 million, a price-to-earnings ratio of -6.45 and a beta of 1.24. The stock has a fifty day moving average of C$0.98 and a two-hundred day moving average of C$0.99.
Reconnaissance Energy Africa Company Profile
(
Get Free Report)
Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in exploration and development of oil and gas properties in Namibia and Botswana. The company holds a 90% interest in a petroleum exploration license that covers an area of approximately 25,341.33 square kilometer located in Namibia; and 100% working interest in a petroleum license, which covers an area of 8,990 square kilometer located in northwestern Botswana.
Recommended Stories
Before you consider Reconnaissance Energy Africa, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Reconnaissance Energy Africa wasn't on the list.
While Reconnaissance Energy Africa currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
