Shares of Tamarack Valley Energy Ltd. (OTCMKTS:TNEYF – Get Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $3.19 and traded as low as $3.15. Tamarack Valley Energy shares last traded at $3.15, with a volume of 9,757 shares trading hands.
Analyst Ratings Changes
Separately, Raymond James began coverage on Tamarack Valley Energy in a research note on Friday, October 18th. They set a “market perform” rating and a $5.00 target price for the company.
Read Our Latest Analysis on Tamarack Valley Energy
Tamarack Valley Energy Stock Performance
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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