Delphi Energy (TSE:DEE) Shares Pass Above 200-Day Moving Average of $0.00
Shares of Delphi Energy Corp (TSE:DEE) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.00 and traded as high as $0.14. Delphi Energy shares last traded at $0.13, with a volume of 32,856 shares.
A number of brokerages recently weighed in on DEE. Raymond James reaffirmed a “buy” rating and set a $0.65 price objective on shares of DB Commodity Double Short ETN in a report on Wednesday, May 15th. BMO Capital Markets lowered Capital Power from an “outperform” rating to a “market perform” rating in a report on Wednesday, May 8th. Royal Bank of Canada reaffirmed a “buy” rating and set a $2.50 price objective on shares of in a report on Thursday, July 18th. Finally, Cormark decreased their target price on Delphi Energy from C$0.45 to C$0.35 in a research report on Monday, July 15th.
The stock has a 50-day simple moving average of C$0.16. The company has a quick ratio of 0.54, a current ratio of 0.73 and a debt-to-equity ratio of 116.72. The stock has a market cap of $25.05 million and a P/E ratio of -0.59.
About Delphi Energy (TSE:DEE)
Delphi Energy Corp., an oil and natural gas company, explores for, develops, and produces crude oil, natural gas, and natural gas liquids in Western Canada. The company primarily holds interests in the Bigstone Montney property located in the Deep Basin of Northwest Alberta. It distributes natural gas through Alliance pipeline system in Chicago.
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