Coelacanth Energy (CVE:CEI) Stock Rating Upgraded by Cormark

Coelacanth Energy (CVE:CEI) was upgraded by investment analysts at Cormark to a “moderate buy” rating in a research report issued on Tuesday,Zacks.com reports.

Separately, Atb Cap Markets upgraded Coelacanth Energy to a “strong-buy” rating in a report on Thursday, February 6th.

Coelacanth Energy Stock Performance

Shares of CEI opened at C$0.84 on Tuesday. Coelacanth Energy has a 12-month low of C$0.69 and a 12-month high of C$0.98. The stock has a fifty day moving average price of C$0.85. The company has a market cap of C$445.76 million, a PE ratio of -66.04 and a beta of 0.98.

About Coelacanth Energy

Coelacanth Energy Inc, an oil and natural gas company, engages in the acquisition, development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada. The company owns approximately 150 net sections of Montney acreage located in the Two Rivers area of northeastern British Columbia.