ValuEngine lowered shares of Erin Energy Corp (NYSEMKT:ERN) from a hold rating to a sell rating in a research note released on Monday morning.

Shares of Erin Energy Corp (NYSEMKT ERN) opened at 2.75 on Monday. Erin Energy Corp has a 12 month low of $1.15 and a 12 month high of $4.10. The firm’s market cap is $586.46 million. The stock’s 50 day moving average is $2.75 and its 200 day moving average is $2.08.

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About Erin Energy Corp

Erin Energy Corporation is an independent oil and gas exploration and production company. The Company is focused on energy resources in Africa. It is focused on exploration for and production of hydrocarbons where commercial reserves have been found and developed. As of December 31, 2016, the Company’s asset portfolio consisted of seven licenses across four countries covering an area of approximately five million acres (approximately 19,000 square kilometers).

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