Share on StockTwits

Endeavour International Corp. (NYSE:END) was downgraded by equities research analysts at FBR Capital Markets from an “outperform” rating to a “market perform” rating in a research note issued to investors on Thursday, reports.

Shares of Endeavour International Corp. (NYSE:END) opened at 1.42 on Thursday. Endeavour International Corp. has a 1-year low of $1.02 and a 1-year high of $7.50. The stock’s 50-day moving average is $1.64 and its 200-day moving average is $3.8. The company’s market cap is $70.3 million. Endeavour International Corp. also was the target of unusually large options trading activity on Wednesday. Investors acquired 12,020 put options on the company. This is an increase of approximately 522% compared to the average daily volume of 1,932 put options.

Endeavour International Corp. (NYSE:END) last announced its earnings results on Wednesday, May 7th. The company reported ($0.91) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.35) by $0.56. The company had revenue of $94.16 million for the quarter, compared to the consensus estimate of $70.55 million. During the same quarter in the previous year, the company posted ($0.26) earnings per share. The company’s revenue for the quarter was up 63.3% on a year-over-year basis. Analysts expect that Endeavour International Corp. will post $-1.68 EPS for the current fiscal year.

END has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Endeavour International Corp. in a research note on Wednesday, June 11th. They now have a $2.00 price target on the stock, down previously from $3.00. Separately, analysts at SunTrust downgraded shares of Endeavour International Corp. from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 13th. They now have a $2.50 price target on the stock, down previously from $10.00.

Endeavour International Corporation (NYSE:END) is an independent oil and gas company engaged in the production, exploration, development and acquisition of crude oil and natural gas in the United Kingdom North Sea and the United States onshore.

The Fly On The Wall

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.