Lycos Energy (CVE:LCX) Hits New 12-Month Low – Here’s Why

Lycos Energy Inc. (CVE:LCXGet Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$2.34 and last traded at C$2.54, with a volume of 34752 shares trading hands. The stock had previously closed at C$2.65.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Stock Analysis on Lycos Energy

Lycos Energy Trading Down 4.2 %

The firm has a 50 day moving average of C$2.80 and a two-hundred day moving average of C$3.06. The stock has a market capitalization of C$135.15 million and a PE ratio of 13.95.

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.

Read More

Receive News & Ratings for Lycos Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lycos Energy and related companies with MarketBeat.com's FREE daily email newsletter.