Drillsearch Energy Limited Receives Overweight Rating from JPMorgan Chase & Co. (DLS)
Drillsearch Energy Limited (ASX:DLS)‘s stock had its “overweight” rating reaffirmed by equities researchers at JPMorgan Chase & Co. in a research report issued on Tuesday, Stock Ratings Network reports.
Shares of Drillsearch Energy Limited (ASX:DLS) traded down 0.64% during mid-day trading on Tuesday, hitting A$1.1675. The stock had a trading volume of 372,772 shares. Drillsearch Energy Limited has a 52-week low of A$0.910 and a 52-week high of A$1.680. The stock has a 50-day moving average of A$1.33 and a 200-day moving average of A$1.20. The company has a market cap of A$499.4 million and a P/E ratio of 10.68.
Drillsearch Energy Limited (ASX:DLS) is engaged in exploration, development and production of oil and gas interests.
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