Delphi Energy (DEE) Sets New 12-Month Low at $0.49
Shares of Delphi Energy Corp (TSE:DEE) reached a new 52-week low on Thursday . The stock traded as low as C$0.49 and last traded at C$0.50, with a volume of 136352 shares changing hands. The stock had previously closed at C$0.51.
Several analysts have recently weighed in on DEE shares. BMO Capital Markets lowered their price objective on shares of Delphi Energy from C$1.40 to C$1.25 in a research report on Tuesday, October 9th. Raymond James lowered their price objective on shares of Delphi Energy from C$1.75 to C$1.50 in a research report on Friday, October 5th.
The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 79.24.
In other Delphi Energy news, Director Lamont Clement Tolley bought 89,500 shares of Delphi Energy stock in a transaction that occurred on Thursday, September 13th. The shares were bought at an average price of C$0.72 per share, with a total value of C$64,440.00.
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Delphi Energy Company Profile (TSE:DEE)
Delphi Energy Corp. engages in the exploration, development, and production of 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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