Roc Oil Company Limited Receives Overweight Rating from JPMorgan Chase & Co. (ROC)
Roc Oil Company Limited (ASX:ROC)‘s stock had its “overweight” rating reaffirmed by research analysts at JPMorgan Chase & Co. in a report released on Thursday, American Banking News.com reports.
Shares of Roc Oil Company Limited (ASX:ROC) remained flat at A$0.480 during during mid-day trading trading on Thursday. 5,053,031 shares of the company’s stock traded hands. Roc Oil Company Limited has a one year low of A$0.385 and a one year high of A$0.575. The stock has a 50-day moving average of A$0.45 and a 200-day moving average of A$0.46. The company has a market cap of A$329.5 million and a price-to-earnings ratio of 7.38.
Roc Oil Company Limited (ASX:ROC) is an Australia-based company engaged in oil and gas exploration, development and production.
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