Petroquest Energy Inc Common St (NYSE:PQ):
PetroQuest Energy Announces Closing Of Its Exchange Offers And Consent Solicitation.
The company is now down by -7.26% since yesterday’s close of $3.17.
Shares of the company are trading at $2.94 just a bit higher than the 50 day moving average of $2.52 and which is marginally over the 200 day moving average of $2.79. The 50 day moving average went up $0.42 or +16.84% whereas the 200 day moving average was up $0.15 or +5.31%.
As of the latest earnings report the EPS was $-10.72 and is projected to be $-1.93 for the current year with 17,627,000 shares presently outstanding. Next quarter’s EPS is forecasted at $-0.30 with next year’s EPS projected to be $-0.97.
Several Wall Street analysts have provided guidance on PQ recently. On August 26 the company was changed to a “Buy” by Johnson Rice which is up from the previous “” rating. On August 26 the stock rating was upgraded from “Accumulate” to “Buy” in an announcement from Seaport Global.
On June 7 the company was downgraded to “Accumulate” from “Buy” in a report from Seaport Global. On March 30 the company was upgraded from “Accumulate” to “Buy” in a report issued by Seaport Global.
On June 8, 2015 the stock rating was rated “Outperform” according to a Raymond James report up from the previous “Market Perform” rating. Stifel Nicolaus initiated coverage by announcing an initial rating of “Hold”.