Lycos Energy Inc. (CVE:LCX – Get Free Report)’s stock price was down 0.3% during trading on Friday . The company traded as low as C$2.79 and last traded at C$2.92. Approximately 3,100 shares changed hands during trading, a decline of 94% from the average daily volume of 48,594 shares. The stock had previously closed at C$2.93.
Wall Street Analyst Weigh In
Separately, National Bankshares decreased their price target on Lycos Energy from C$9.00 to C$7.50 in a report on Friday, September 27th.
View Our Latest Analysis on LCX
Lycos Energy Price Performance
Lycos Energy (CVE:LCX – Get Free Report) last issued its earnings results on Thursday, August 22nd. The company reported C$0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.12 by C$0.07. Lycos Energy had a return on equity of 7.16% and a net margin of 9.90%. The firm had revenue of C$39.72 million for the quarter, compared to analysts’ expectations of C$40.50 million. Analysts expect that Lycos Energy Inc. will post 0.5 earnings per share for the current year.
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