FX Energy (FXEN) Posts Quarterly Results
FX Energy (NASDAQ:FXEN) announced its earnings results on Monday. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by $0.05, StockRatingsNetwork reports. The company had revenue of $10.20 million for the quarter, compared to the consensus estimate of $9.19 million.
On the ratings front, analysts at MLV & Co
cut their price target on shares of FX Energy from $5.50 to $3.50 in a research note on Wednesday, June 4th. They now have a “hold” rating on the stock.
Shares of FX Energy (NASDAQ:FXEN) traded up 1.88% on Monday, hitting $3.25. The stock had a trading volume of 146,747 shares. FX Energy has a 52 week low of $2.93 and a 52 week high of $5.85. The stock’s 50-day moving average is $3.34 and its 200-day moving average is $3.73. The company’s market cap is $175.2 million.
FX Energy, Inc is an independent oil and gas exploration and production company with production, appraisal, and exploration activities in Poland.
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