Lycos Energy (CVE:LCX) Price Target Cut to C$7.50

Lycos Energy (CVE:LCXFree Report) had its price objective decreased by National Bankshares from C$9.00 to C$7.50 in a research note issued to investors on Friday morning, BayStreet.CA reports.

Lycos Energy Price Performance

LCX stock opened at C$2.94 on Friday. The business’s fifty day moving average price is C$3.09. Lycos Energy has a fifty-two week low of C$2.65 and a fifty-two week high of C$4.10. The company has a market cap of C$156.44 million and a P/E ratio of 15.47.

Lycos Energy (CVE:LCXGet Free Report) last issued its earnings results on Thursday, August 22nd. The company reported C$0.19 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.12 by C$0.07. Lycos Energy had a net margin of 9.90% and a return on equity of 7.16%. The firm had revenue of C$39.72 million during the quarter, compared to analyst estimates of C$40.50 million. On average, analysts predict that Lycos Energy will post 0.5 EPS for the current fiscal year.

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