Soco International (SOCLF) Stock Rating Lowered by Zacks Investment Research
Soco International (NASDAQ:SOCLF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Wednesday.
According to Zacks, “SOCO International plc is an oil and gas exploration and production company. Its properties located in Vietnam, the Republic of Congo, the Democratic Republic of Congo and Angola. SOCO International plc is headquartered in London, the United Kingdom. “
Separately, Jefferies Group LLC lowered Soco International from a “buy” rating to a “hold” rating in a research note on Wednesday, May 17th.
Shares of Soco International (NASDAQ:SOCLF) traded down 6.63% during mid-day trading on Wednesday, hitting $1.55. 1,000 shares of the stock were exchanged. The stock’s 50 day moving average is $1.66 and its 200-day moving average is $1.72. The stock’s market cap is $510.96 million. Soco International has a 12 month low of $1.55 and a 12 month high of $1.90.
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