PetroQuest Energy Inc. (NYSE:PQ) shares traded down 3.6% during trading on Monday . The company traded as low as $3.18 and last traded at $3.18, with a volume of 90,090 shares traded. The stock had previously closed at $3.30.

A number of brokerages have issued reports on PQ. Seaport Global Securities lowered PetroQuest Energy from a “buy” rating to an “accumulate” rating and set a $4.00 price target for the company. in a research report on Tuesday, June 7th. Zacks Investment Research upgraded PetroQuest Energy from a “sell” rating to a “hold” rating in a research report on Friday, June 10th. Finally, Roth Capital reiterated a “buy” rating on shares of PetroQuest Energy in a research report on Tuesday, July 12th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $5.87.

The stock’s market capitalization is $56.06 million. The firm’s 50 day moving average is $3.22 and its 200 day moving average is $2.53.

PetroQuest Energy (NYSE:PQ) last announced its quarterly earnings data on Monday, May 2nd. The energy company reported ($0.58) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.16) by $0.42. The business earned $17.30 million during the quarter, compared to the consensus estimate of $18.37 million. The company’s revenue for the quarter was down 48.4% on a year-over-year basis. During the same period in the prior year, the company earned ($1.89) EPS. Equities research analysts forecast that PetroQuest Energy Inc. will post ($2.05) EPS for the current year.

An institutional investor recently raised its position in PetroQuest Energy stock. Central Square Management LLC boosted its position in PetroQuest Energy Inc. (NYSE:PQ) by 53.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 holdings, making the stock its 12th largest position. Central Square Management LLC owned about 4.57% of PetroQuest Energy worth $1,508,000 at the end of the most recent reporting period.

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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