Birchcliff Energy (OTCMKTS:BIREF) Upgraded at National Bank Financial

Birchcliff Energy (OTCMKTS:BIREF) was upgraded by analysts at National Bank Financial from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Wednesday,Zacks.com reports.

Separately, Scotiabank upgraded Birchcliff Energy from a “hold” rating to a “strong-buy” rating in a report on Friday, January 17th.

Birchcliff Energy Price Performance

Shares of Birchcliff Energy stock opened at $4.23 on Wednesday. The firm has a market cap of $1.15 billion, a PE ratio of 105.75 and a beta of 0.62. The company’s fifty day simple moving average is $3.71 and its two-hundred day simple moving average is $4.02. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.22. Birchcliff Energy has a 12-month low of $3.15 and a 12-month high of $4.83.

About Birchcliff Energy

Birchcliff Energy Ltd., an intermediate oil and natural gas company, explores for, develops, and produces natural gas, light oil, condensate, and other natural gas liquids in Western Canada. The company holds interests in the areas of Montney/Doig Resource Play, including the Pouce Coupe and Gordondale properties in Alberta.