Rock Energy (RE) Posts Quarterly Results
Rock Energy (TSE:RE) issued its quarterly earnings data on Thursday. The company reported $0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.20, AmericanBankingNews.com reports.
On the ratings front, analysts at Octagon Capital initiated coverage on shares of Rock Energy in a research note on Wednesday, May 28th. They set a “buy” rating on the stock. Eight equities research analysts have rated the stock with a buy rating, Rock Energy has a consensus rating of “Buy” and an average price target of C$8.11.
Shares of Rock Energy (TSE:RE) opened at 6.93 on Thursday. Rock Energy has a 52-week low of $1.66 and a 52-week high of $7.45. The stock has a 50-day moving average of $6.41 and a 200-day moving average of $5.85. The company’s market cap is $274.0 million.
Rock Energy Inc (TSE:RE) is an energy company engaged in the exploration for and development and production of crude oil and natural gas in Western Canada.
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