Reconnaissance Energy Africa Ltd. (CVE:RECO - Get Free Report)'s share price traded down 21.4% on Friday . The stock traded as low as C$0.94 and last traded at C$0.98. 2,709,108 shares traded hands during trading, an increase of 551% from the average session volume of 416,272 shares. The stock had previously closed at C$1.24.
Reconnaissance Energy Africa Price Performance
The firm has a market capitalization of C$190.90 million, a PE ratio of 2.06 and a beta of 1.24. The firm's fifty day moving average is C$1.05 and its two-hundred day moving average is C$1.02.
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.
Featured Articles
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
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
