Tamarack Valley Energy (OTCMKTS:TNEYF) Trading Down 3.8% – Should You Sell?

Tamarack Valley Energy Ltd. (OTCMKTS:TNEYFGet Free Report) shares fell 3.8% on Thursday . The stock traded as low as $3.28 and last traded at $3.29. 18,793 shares changed hands during trading, a decline of 81% from the average session volume of 100,539 shares. The stock had previously closed at $3.42.

Analyst Ratings Changes

Separately, Raymond James started coverage on shares of Tamarack Valley Energy in a research note on Friday, October 18th. They issued a “market perform” rating and a $5.00 price objective on the stock.

Read Our Latest Report on TNEYF

Tamarack Valley Energy Stock Down 3.8 %

The firm has a 50 day moving average price of $3.19 and a 200 day moving average price of $3.00.

Tamarack Valley Energy Company Profile

(Get Free Report)

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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