Zacks Investment Research Lowers SOCO International (OTCMKTS:SOCLF) to Sell

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Zacks Investment Research downgraded shares of SOCO International (OTCMKTS:SOCLF) from a hold rating to a sell rating in a report issued on Tuesday, Zacks.com reports.

According to Zacks, “SOCO International plc is an oil and gas exploration and production company. Its properties located in Vietnam, the Republic of Congo, the Democratic Republic of Congo and Angola. SOCO International plc is headquartered in London, the United Kingdom. “

OTCMKTS SOCLF opened at $0.79 on Tuesday. SOCO International has a 12 month low of $0.77 and a 12 month high of $1.21. The stock’s 50 day moving average is $0.82 and its 200 day moving average is $0.86.

About SOCO International

SOCO International plc engages in the exploration, development, and production of oil and gas properties. It has exploration, development, and production interests in Vietnam; and exploration and appraisal interests in Congo (Brazzaville) and Angola. The company was founded in 1997 and is headquartered in London, the United Kingdom.

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