Tamarack Valley Energy Ltd. (OTCMKTS:TNEYF – Get Free Report)’s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $3.21 and traded as low as $3.15. Tamarack Valley Energy shares last traded at $3.17, with a volume of 5,822 shares trading hands.
Analysts Set New Price Targets
Separately, Raymond James began 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 Analysis on Tamarack Valley Energy
Tamarack Valley Energy Price Performance
Tamarack Valley Energy Company Profile
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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