Canaccord Genuity Upgrades FALKLAND OIL & GAS to Buy (FLKOF)
FALKLAND OIL & GAS (NASDAQ:FLKOF) was upgraded by Canaccord Genuity to a “buy” rating in a research note issued on Wednesday, American Banking & Market News reports.
FALKLAND OIL & GAS (NASDAQ:FLKOF) traded down 8.70% on Wednesday, hitting $0.42. 59,750 shares of the company’s stock traded hands. FALKLAND OIL & GAS has a 52-week low of $0.37 and a 52-week high of $0.52. The stock’s 50-day moving average is $0.42 and its 200-day moving average is $0.44. The company has a market cap of $134.4 million and a price-to-earnings ratio of 460.00.
Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of FALKLAND OIL & GAS in a research note to investors on Friday, December 6th.
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