Tamarack Valley Energy Ltd. (OTCMKTS:TNEYF – Get Free Report) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $3.21 and traded as low as $3.15. Tamarack Valley Energy shares last traded at $3.17, with a volume of 5,822 shares trading hands.
Analyst Ratings Changes
Separately, Raymond James started coverage on shares of Tamarack Valley Energy in a research note on Friday, October 18th. They issued a “market perform” rating and a $5.00 price objective on the stock.
Check Out Our Latest Stock Analysis on Tamarack Valley Energy
Tamarack Valley Energy Stock Down 1.2 %
Tamarack Valley Energy Company Profile
Tamarack Valley Energy Ltd. acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. Its oil and natural gas properties are the Cardium, Clearwater, Charlie Lake, and Enhanced Oil Recovery assets located in the province of Alberta, Canada.
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