Lycos Energy (CVE:LCX – Free Report) had its target price trimmed by National Bankshares from C$9.00 to C$7.50 in a research report sent to investors on Friday, BayStreet.CA reports.
Lycos Energy Price Performance
LCX opened at C$2.85 on Friday. The firm has a market capitalization of C$151.65 million and a P/E ratio of 15.00. Lycos Energy has a 1-year low of C$2.65 and a 1-year high of C$4.10. The business has a 50 day moving average price of C$3.10.
Lycos Energy (CVE:LCX – Get Free Report) last released 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. The firm had revenue of C$39.72 million during the quarter, compared to the consensus estimate of C$40.50 million. Lycos Energy had a return on equity of 7.16% and a net margin of 9.90%. As a group, research analysts predict that Lycos Energy will post 0.5 earnings per share for the current fiscal year.
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