Tamarack-Valley-Energy-Ltd Declines Again; Strong Momentum for Sellers

 Tamarack Valley Energy Ltd Declines Again; Strong Momentum for Sellers

The stock of Tamarack-Valley-Energy-Ltd (TSE:TVE) is a huge mover today! About 138,850 shares traded hands. Tamarack-Valley-Energy-Ltd (TSE:TVE) has declined 16.29% since April 22, 2016 and is downtrending. It has underperformed by 22.30% the S&P500.
The move comes after 7 months negative chart setup for the $445.39 million company. It was reported on Nov, 28 by Barchart.com. We have $3.06 PT which if reached, will make TSE:TVE worth $31.18M 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. $5 is the highest target while $3.75 is the lowest. The $4.31 average target is 31.00% above today’s ($3.29) stock price. Tamarack Valley Energy has been the topic of 11 analyst reports since December 3, 2015 according to StockzIntelligence Inc. RBC Capital Markets downgraded it to “Sector Perform” rating and $4 target price in Thursday, November 3 report. The stock of Tamarack-Valley-Energy-Ltd (TSE:TVE) has “Buy” rating given on Tuesday, June 28 by Canaccord Genuity. On Thursday, February 25 the stock rating was upgraded by BMO Capital Markets to “Outperform”. As per Wednesday, November 9, the company rating was maintained by RBC Capital Markets.

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 $445.39 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.

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