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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, TheFlyOnTheWall.com 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.

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