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

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

Analyst Upgrades and Downgrades

Separately, Raymond James assumed coverage on Tamarack Valley Energy in a research report on Friday, October 18th. They set a “market perform” rating and a $5.00 price objective for the company.

Read Our Latest Research Report on Tamarack Valley Energy

Tamarack Valley Energy Stock Down 2.6 %

The firm’s 50-day simple moving average is $3.19 and its 200-day simple moving average is $3.00.

About Tamarack Valley Energy

(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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