SRC Energy Inc (NYSEMKT:SRCI) will be releasing its earnings data after the market closes on Wednesday, November 1st. Analysts expect SRC Energy to post earnings of $0.15 per share for the quarter.
Shares of SRC Energy Inc (NYSEMKT SRCI) traded up 2.54% during midday trading on Monday, reaching $9.27. 1,244,962 shares of the company’s stock traded hands. The firm has a market cap of $1.86 billion and a PE ratio of 54.85. The company has a 50 day moving average of $8.91 and a 200 day moving average of $7.83. SRC Energy Inc has a 52-week low of $6.19 and a 52-week high of $10.38.
Several analysts have recently commented on the stock. BidaskClub downgraded shares of SRC Energy from a “buy” rating to a “hold” rating in a report on Wednesday, October 11th. Imperial Capital reiterated an “outperform” rating on shares of SRC Energy in a report on Thursday, September 28th. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. SRC Energy currently has a consensus rating of “Buy” and a consensus price target of $10.56.
About SRC Energy
SRC Energy Inc, formerly Synergy Resources Corporation, is an independent oil and natural gas company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in and around the Denver-Julesburg Basin (D-J Basin) of Colorado. The D-J Basin generally extends from the Denver metropolitan area throughout northeast Colorado into Wyoming, Nebraska, and Kansas.
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