PetroQuest Energy Inc. (NYSE:PQ) shares traded down 0.3% on Monday . The company traded as low as $3.07 and last traded at $3.22, with a volume of 98,165 shares changing hands. The stock had previously closed at $3.21.

A number of research analysts have recently weighed in on the company. Zacks Investment Research upgraded PetroQuest Energy from a “sell” rating to a “hold” rating in a report on Friday, June 10th. Seaport Global Securities lowered PetroQuest Energy from a “buy” rating to an “accumulate” rating and set a $4.00 target price on the stock. in a report on Tuesday, June 7th. Finally, Roth Capital restated a “buy” rating on shares of PetroQuest Energy in a report on Thursday, May 26th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. PetroQuest Energy has a consensus rating of “Hold” and an average target price of $5.87.

The firm’s market cap is $57.65 million. The company has a 50 day moving average price of $3.08 and a 200 day moving average price of $2.47.

PetroQuest Energy (NYSE:PQ) last announced its earnings results on Monday, May 2nd. The energy company reported ($0.58) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by $0.42. During the same period in the prior year, the company earned ($1.89) earnings per share. The firm earned $17.30 million during the quarter, compared to analysts’ expectations of $18.37 million. The business’s quarterly revenue was down 48.4% on a year-over-year basis. Equities research analysts anticipate that PetroQuest Energy Inc. will post ($2.59) EPS for the current fiscal year.

A hedge fund recently raised its stake in PetroQuest Energy stock. Central Square Management LLC raised its stake in shares of PetroQuest Energy Inc. (NYSE:PQ) by 53.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,015,716 shares of the energy company’s stock after buying an additional 1,052,888 shares during the period. PetroQuest Energy accounts for approximately 1.7% of Central Square Management LLC’s investment portfolio, making the stock its 12th largest position. Central Square Management LLC owned 4.57% of PetroQuest Energy worth $1,508,000 as of its most recent filing with the SEC.

PetroQuest Energy, Inc is an independent energy company engaged in the exploration, development, acquisition and production of oil and natural gas reserves in East Texas, Arkoma Basin, South Louisiana and the shallow waters of the Gulf of Mexico. The Company is focused in the Gulf Coast Basin with onshore properties principally in southern Louisiana and offshore properties in the shallow waters of the Gulf of Mexico shelf.

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