Seven Generations Energy Ltd (VII) Director Kaushik Rakhit Sells 98,100 Shares

Seven Generations Energy Ltd (TSE:VII) Director Kaushik Rakhit sold 98,100 shares of Seven Generations Energy stock in a transaction that occurred on Tuesday, March 21st. The shares were sold at an average price of C$22.53, for a total transaction of C$2,210,193.00.

Shares of Seven Generations Energy Ltd (TSE:VII) traded down 0.71% during mid-day trading on Thursday, hitting $25.10. 903,455 shares of the stock traded hands. Seven Generations Energy Ltd has a one year low of $21.07 and a one year high of $32.90. The stock’s market cap is $8.80 billion. The stock has a 50-day moving average of $24.15 and a 200 day moving average of $27.64.

Insider Buying and Selling by Quarter for Seven Generations Energy (TSE:VII)

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VII has been the subject of a number of research reports. Royal Bank of Canada dropped their price objective on shares of Seven Generations Energy from C$38.00 to C$35.00 and set an “outperform” rating for the company in a report on Friday, March 10th. Scotiabank reiterated an “outperform” rating and issued a C$36.00 price target on shares of Seven Generations Energy in a research note on Thursday, March 9th. TD Securities reiterated an “action list buy” rating and issued a C$40.00 price target on shares of Seven Generations Energy in a research note on Thursday, March 9th. Raymond James Financial, Inc. reiterated a “strong-buy” rating and issued a C$40.50 price target on shares of Seven Generations Energy in a research note on Thursday, March 9th. Finally, GMP Securities decreased their price target on shares of Seven Generations Energy from C$40.00 to C$38.00 in a research note on Tuesday, January 10th. Seven analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of C$38.19.

Seven Generations Energy Company Profile

Seven Generations Energy Ltd. is a Canada-based natural gas developer. The Company focuses on exploration, development and production of oil and natural gas properties in western Canada. The Company focuses on the acquisition, development and value optimization of tight and shale hydrocarbon resource plays.

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