After Today’s Huge Decline, Is Tamarack-Valley-Energy-Ltd’s Near-Term Analysis Negative?

 After Today's Huge Decline, Is Tamarack Valley Energy Ltd's Near Term Analysis Negative?

The stock of Tamarack-Valley-Energy-Ltd (TSE:TVE) is a huge mover today! About 215,858 shares traded hands. Tamarack-Valley-Energy-Ltd (TSE:TVE) has declined 17.95% since April 7, 2016 and is downtrending. It has underperformed by 24.09% the S&P500.
The move comes after 8 months negative chart setup for the $424.66 million company. It was reported on Nov, 11 by Barchart.com. We have $2.69 PT which if reached, will make TSE:TVE worth $55.21M less.

Tamarack-Valley-Energy-Ltd (TSE:TVE) Ratings Coverage

Out of 5 analysts covering Tamarack Valley Energy (TSE:TVE), 4 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 80% are positive. Tamarack Valley Energy has been the topic of 11 analyst reports since December 3, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Canaccord Genuity given on Tuesday, June 28. The firm has “Outperform” rating by BMO Capital Markets given on Thursday, February 25. The firm has “Sector Perform” rating given on Wednesday, November 9 by RBC Capital Markets. RBC Capital Markets downgraded Tamarack-Valley-Energy-Ltd (TSE:TVE) rating on Thursday, November 3. RBC Capital Markets has “Sector Perform” rating and $4 price target.

Another recent and important Tamarack-Valley-Energy-Ltd (TSE:TVE) news was published by Reuters.com which published an article titled: “BRIEF-Tamarack Valley Energy Ltd Qtrly loss per share $0.02” on November 08, 2016.

Tamarack Valley Energy Ltd. is a Canada oil and natural gas company. The company has a market cap of $424.66 million. The Firm has working interests in petroleum and natural gas properties in the Alder Flats area. It currently has negative earnings. Tamarack has interests in over 220 sections of land in the Wilson Creek and Alder Flats area of Alberta.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: ,

Related posts

Leave a Comment