Lycos Energy (CVE:LCX) Reaches New 1-Year Low – Time to Sell?

Shares of Lycos Energy Inc. (CVE:LCXGet Free Report) reached a new 52-week low on Tuesday . The stock traded as low as C$2.28 and last traded at C$2.30, with a volume of 33027 shares. The stock had previously closed at C$2.40.

Lycos Energy Price Performance

The firm has a market cap of C$132.49 million and a price-to-earnings ratio of 13.11. The firm’s fifty day moving average is C$2.63 and its two-hundred day moving average is C$2.88.

About Lycos Energy

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Lycos Energy Inc, a junior resource company, engages in the development and production of petroleum and natural gas in Western Canada. The company operates heavy-oil development assets in the Gull Lake area of southwest Saskatchewan and heavy-oil assets in the Lloydminster area. Lycos Energy Inc is headquartered in Calgary, Canada.

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