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

Lycos Energy (CVE:LCXFree Report) had its target price decreased by National Bankshares from C$9.00 to C$7.50 in a report published on Friday morning, BayStreet.CA reports.

Lycos Energy Trading Up 3.2 %

Lycos Energy stock opened at C$2.94 on Friday. Lycos Energy has a fifty-two week low of C$2.65 and a fifty-two week high of C$4.10. The company has a market capitalization of C$156.44 million and a PE ratio of 15.47. The stock has a fifty day moving average price of C$3.09.

Lycos Energy (CVE:LCXGet Free Report) last released its quarterly earnings results on Thursday, August 22nd. The company reported C$0.19 earnings per share for the quarter, beating the consensus estimate of C$0.12 by C$0.07. Lycos Energy had a return on equity of 7.16% and a net margin of 9.90%. The firm had revenue of C$39.72 million for the quarter, compared to analysts’ expectations of C$40.50 million. As a group, equities research analysts forecast that Lycos Energy will post 0.5 EPS for the current year.

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