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

Lycos Energy Inc. (CVE:LCXGet Free Report)’s stock price reached a new 52-week low on Friday . The company traded as low as C$1.60 and last traded at C$1.60, with a volume of 500 shares changing hands. The stock had previously closed at C$1.70.

Analyst Upgrades and Downgrades

Separately, National Bankshares cut their price objective on shares of Lycos Energy from C$5.25 to C$4.75 and set an “outperform” rating on the stock in a research report on Thursday, January 30th.

Read Our Latest Research Report on LCX

Lycos Energy Stock Performance

The stock has a market cap of C$90.46 million and a PE ratio of 8.95. The firm has a fifty day moving average price of C$2.20 and a 200 day moving average price of C$2.53.

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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