Lycos Energy (CVE:LCX) Reaches New 52-Week Low – What’s Next?

Shares of Lycos Energy Inc. (CVE:LCXGet Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as C$2.29 and last traded at C$2.43, with a volume of 91067 shares traded. The stock had previously closed at C$2.60.

Analyst Ratings Changes

Separately, National Bankshares dropped their target price on shares of Lycos Energy from C$9.00 to C$7.50 in a research report on Friday, September 27th.

Get Our Latest Research Report on Lycos Energy

Lycos Energy Stock Down 6.5 %

The company has a fifty day simple moving average of C$2.68 and a two-hundred day simple moving average of C$2.94. The stock has a market capitalization of C$129.30 million and a P/E ratio of 12.79.

Lycos Energy Company Profile

(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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