Tamarack Valley Energy Ltd. (OTCMKTS:TNEYF – Get Free Report) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $3.20 and traded as low as $2.87. Tamarack Valley Energy shares last traded at $3.03, with a volume of 15,489 shares traded.
Wall Street Analyst Weigh In
Separately, Raymond James initiated coverage on shares of Tamarack Valley Energy in a research report on Friday, October 18th. They set a “market perform” rating and a $5.00 price target on the stock.
View Our Latest Stock Report 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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