Soco International (SOCLF) Given Consensus Recommendation of “Buy” by Brokerages
Soco International (NASDAQ:SOCLF) has been assigned an average broker rating score of 2.00 (Buy) from the two brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating and one has assigned a strong buy rating to the company. Soco International’s rating score has improved by 33.3% from 90 days ago as a result of various analysts’ ratings changes.
Zacks has also assigned Soco International an industry rank of 225 out of 265 based on the ratings given to its competitors.
Several equities analysts have recently issued reports on the company. Zacks Investment Research raised Soco International from a “sell” rating to a “hold” rating in a research report on Wednesday, July 19th. Jefferies Group LLC lowered Soco International from a “buy” rating to a “hold” rating in a research report on Wednesday, May 17th.
Soco International (NASDAQ SOCLF) remained flat at $1.66 during mid-day trading on Thursday. The firm’s market cap is $547.23 million. The stock has a 50 day moving average price of $1.70 and a 200-day moving average price of $1.74. Soco International has a 12 month low of $1.63 and a 12 month high of $1.92.
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