Shares of PrairieSky Royalty Ltd. (OTCMKTS:PREKF – Get Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $19.47 and traded as low as $18.80. PrairieSky Royalty shares last traded at $19.20, with a volume of 5,130 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Raymond James assumed coverage on PrairieSky Royalty in a research report on Friday, October 18th. They set a “market perform” rating and a $33.00 target price on the stock.
View Our Latest Research Report on PREKF
PrairieSky Royalty Stock Performance
PrairieSky Royalty Company Profile
PrairieSky Royalty Ltd., a pure-play royalty company, holds crude oil and natural gas royalty interests in Canada. It holds an interest in approximately 9.7 million acres with petroleum and/or natural gas rights, 8.5 million acres of gross overriding royalty interests, and other acreage. The company was incorporated in 2013 and is based in Calgary, Canada.
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