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Contango Oil & Gas Co. (NYSE:MCF) was upgraded by equities research analysts at Jefferson Research from a “sell” rating to a “hold” rating in a research note issued to investors on Friday, American Banking News reports.

Shares of Contango Oil & Gas Co. (NYSE:MCF) traded up 0.35% on Friday, hitting $43.05. 16,792 shares of the company’s stock traded hands. Contango Oil & Gas Co. has a 52-week low of $33.22 and a 52-week high of $48.80. The stock’s 50-day moving average is $45.36 and its 200-day moving average is $41.72. The company has a market cap of $654.1 million and a P/E ratio of 17.37.

Contango Oil & Gas Company (NYSE:MCF) is an independent natural gas and oil company.

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