Perpetual Energy Inc. (TSE:PMT) reached a new 52-week low on Wednesday . The company traded as low as C$1.02 and last traded at C$1.03, with a volume of 93,777 shares traded. The stock had previously closed at C$1.12.

Separately, TD Securities dropped their target price on Perpetual Energy from C$1.50 to C$1.45 and set a “hold” rating for the company in a report on Monday, August 14th.

The firm has a 50 day moving average price of $1.22 and a 200-day moving average price of $1.42. The stock’s market capitalization is $60.77 million.

WARNING: This report was published by Watch List News and is owned by of Watch List News. If you are reading this report on another domain, it was illegally copied and reposted in violation of U.S. and international copyright and trademark law. The legal version of this report can be read at

About Perpetual Energy

Perpetual Energy Inc (Perpetual) is a Canada-based oil and natural gas exploration and production company. The Company is engaged in finding, developing, producing and marketing natural gas, natural gas liquids (NGL), oil and bitumen. Perpetual’s business consists of operations in Alberta focused on exploring and developing the natural gas and NGL resource opportunities in the deep basin in west central Alberta; the exploration for and extraction of heavy oil in eastern Alberta; the development and production of shallow natural gas from mature producing regions in eastern Alberta; bitumen opportunities in northeast Alberta, and interest in a commercial gas storage business through the operation and ownership in a gas storage facility at Warwick in east central Alberta.

Receive News & Ratings for Perpetual Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Perpetual Energy Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.