Seven Generations Energy (OTCMKTS:SVRGF) was downgraded by equities research analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research note issued on Wednesday, The Fly reports.
Several other research analysts also recently commented on the stock. Canaccord Genuity downgraded shares of Seven Generations Energy from a “buy” rating to a “hold” rating in a report on Tuesday, March 10th. BMO Capital Markets downgraded shares of Seven Generations Energy from an “outperform” rating to a “market perform” rating in a report on Monday, March 16th.
Shares of OTCMKTS:SVRGF opened at $1.18 on Wednesday. The firm has a fifty day moving average price of $3.49 and a two-hundred day moving average price of $5.40. Seven Generations Energy has a one year low of $0.79 and a one year high of $8.10.
About Seven Generations Energy
Seven Generations Energy Ltd., together with its subsidiary, engages in development of natural gas properties in Canada. The company holds interests in the Kakwa River project, a natural gas property covering approximately 537,000 net acres located in the Kakwa area of northwest Alberta; and in the approximately 506,000 acres in Montney.
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