Is Selling Stock Like Trilogy Energy Corp After Such Decline Winning Strategy?

 Is Selling Stock Like Trilogy Energy Corp After Such Decline Winning Strategy?

The stock of Trilogy Energy Corp (TSE:TET) is a huge mover today! About 19,542 shares traded hands. Trilogy Energy Corp (TSE:TET) has risen 62.44% since April 18, 2016 and is uptrending. It has outperformed by 57.88% the S&P500.
The move comes after 5 months negative chart setup for the $863.90 million company. It was reported on Nov, 22 by Barchart.com. We have $6.39 PT which if reached, will make TSE:TET worth $25.92M less.

Trilogy Energy Corp (TSE:TET) Ratings Coverage

Out of 8 analysts covering Trilogy Energy Corp (TSE:TET), 1 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 13% are positive. $11.50 is the highest target while $3.75 is the lowest. The $6.67 average target is 1.21% above today’s ($6.59) stock price. Trilogy Energy Corp has been the topic of 30 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was downgraded by Dundee Securities on Tuesday, January 12 to “Neutral”. The firm has “Sector Perform” rating given on Monday, October 31 by RBC Capital Markets. TD Securities maintained it with “Hold” rating and $6.50 target price in Wednesday, November 9 report. National Bank Canada maintained it with “Sector Perform” rating and $5 target price in Thursday, November 26 report. The firm has “” rating given on Monday, June 6 by Raymond James. The stock of Trilogy Energy Corp (TSE:TET) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, November 8. IBC initiated Trilogy Energy Corp (TSE:TET) on Wednesday, June 15 with “Sector Perform” rating. The rating was upgraded by GMP Securities to “Hold” on Friday, November 20. The company was maintained on Tuesday, November 8 by Scotia Capital.

More news for Trilogy Energy Corp (TSE:TET) were recently published by: Marketwired.com, which released: “Trilogy Energy Corp. Announces Crude Oil Emulsion Release in Kaybob Area” on October 07, 2016. Cbc.ca‘s article titled: “Trilogy Energy says oil emulsion spill in Alberta has covered 3 hectares” and published on October 13, 2016 is yet another important article.

Trilogy Energy Corp. is a Canada-based petroleum and natural gas-focused energy company. The company has a market cap of $863.90 million. The Firm acquires, develops, produces and sells crude oil, natural gas and natural gas liquids. It currently has negative earnings. The Company’s gas and oil properties are located in the Kaybob area and Grande Prairie 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.

Related posts

Leave a Comment