PrairieSky Royalty (OTCMKTS:PREKF) Shares Up 0.3% – Time to Buy?

PrairieSky Royalty Ltd. (OTCMKTS:PREKFGet Free Report) shot up 0.3% on Monday . The company traded as high as $20.86 and last traded at $20.69. 10,109 shares were traded during trading, a decline of 61% from the average session volume of 25,598 shares. The stock had previously closed at $20.63.

Analyst Ratings Changes

Separately, Raymond James started coverage on shares of PrairieSky Royalty in a research note on Friday, October 18th. They issued a “market perform” rating and a $33.00 price objective on the stock.

View Our Latest Stock Report on PrairieSky Royalty

PrairieSky Royalty Price Performance

The stock’s 50-day simple moving average is $20.67 and its 200-day simple moving average is $20.09.

About PrairieSky Royalty

(Get Free Report)

PrairieSky Royalty Ltd., a pure-play royalty company, holds crude oil and natural gas royalty interests in Canada. It holds an interest in approximately 9.7 million acres with petroleum and/or natural gas rights, 8.5 million acres of gross overriding royalty interests, and other acreage. The company was incorporated in 2013 and is based in Calgary, Canada.

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