National Bankshares Cuts Lycos Energy (CVE:LCX) Price Target to C$7.50

Lycos Energy (CVE:LCXFree Report) had its target price reduced by National Bankshares from C$9.00 to C$7.50 in a research note issued to investors on Friday, BayStreet.CA reports.

Lycos Energy Stock Up 0.4 %

Shares of Lycos Energy stock opened at C$2.85 on Friday. Lycos Energy has a twelve month low of C$2.65 and a twelve month high of C$4.10. The firm has a market capitalization of C$151.65 million and a PE ratio of 15.00. The firm has a fifty day moving average price of C$3.10.

Lycos Energy (CVE:LCXGet Free Report) last issued its quarterly earnings data on Thursday, August 22nd. The company reported C$0.19 EPS for the quarter, topping analysts’ consensus estimates of C$0.12 by C$0.07. The company had revenue of C$39.72 million for the quarter, compared to analysts’ expectations of C$40.50 million. Lycos Energy had a return on equity of 7.16% and a net margin of 9.90%. As a group, analysts predict that Lycos Energy will post 0.5 EPS for the current fiscal year.

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