Lycos Energy (CVE:LCX) Reaches New 1-Year Low – Should You Sell?

Lycos Energy Inc. (CVE:LCXGet Free Report) hit a new 52-week low on Friday . The company traded as low as C$1.60 and last traded at C$1.91, with a volume of 29445 shares. The stock had previously closed at C$2.16.

Wall Street Analysts Forecast Growth

Separately, National Bankshares lowered their target price on Lycos Energy from C$5.25 to C$4.75 and set an “outperform” rating for the company in a report on Thursday, January 30th.

Check Out Our Latest Analysis on Lycos Energy

Lycos Energy Stock Performance

The stock has a market cap of C$93.12 million and a price-to-earnings ratio of 9.21. The business has a 50-day simple moving average of C$2.30 and a two-hundred day simple moving average of C$2.58.

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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