Seven Generations Energy Ltd (VII) Shares Down 3%

Shares of Seven Generations Energy Ltd (TSE:VII) fell 3% on Friday . The company traded as low as C$18.04 and last traded at C$18.13. 352,264 shares traded hands during trading, a decline of 58% from the average session volume of 829,276 shares. The stock had previously closed at C$18.70.

A number of research firms recently weighed in on VII. TD Securities lowered shares of Seven Generations Energy from an “action list buy” rating to a “buy” rating and cut their target price for the stock from C$29.00 to C$26.00 in a research note on Friday, August 4th. National Bank Financial cut their target price on shares of Seven Generations Energy from C$38.00 to C$37.00 in a research note on Friday, June 23rd. Barclays PLC cut their target price on shares of Seven Generations Energy from C$29.75 to C$25.00 in a research note on Friday, August 4th. BMO Capital Markets restated an “outperform” rating and set a C$27.00 target price on shares of Seven Generations Energy in a research note on Monday, August 21st. Finally, Royal Bank Of Canada cut their target price on shares of Seven Generations Energy from C$28.00 to C$23.00 and set an “outperform” rating on the stock in a research note on Friday, August 4th. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Seven Generations Energy has an average rating of “Buy” and a consensus target price of C$32.95.

The firm has a 50 day moving average price of $18.47 and a 200-day moving average price of $22.49. The stock has a market cap of $6.50 billion and a PE ratio of 21.85.

In other Seven Generations Energy news, Director William Mcadam acquired 5,800 shares of the company’s stock in a transaction on Friday, July 7th. The shares were bought at an average cost of C$20.67 per share, for a total transaction of C$119,886.00. Also, insider Susan Elizabeth Mabel Targett sold 20,000 shares of Seven Generations Energy stock in a transaction that occurred on Wednesday, June 28th. The stock was sold at an average price of C$22.00, for a total value of C$440,000.00. Over the last quarter, insiders have purchased 36,240 shares of company stock worth $618,156.

COPYRIGHT VIOLATION WARNING: This article was reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are viewing this article on another domain, it was copied illegally and reposted in violation of international copyright and trademark law. The correct version of this article can be accessed at https://www.chaffeybreeze.com/2017/09/17/seven-generations-energy-ltd-vii-shares-down-3.html.

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.

Receive News & Ratings for Seven Generations Energy Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seven Generations Energy Ltd and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply