North American Energy Partners Inc. (NOA) Shares Up 5.5%
North American Energy Partners Inc. (NYSE:NOA)’s share price shot up 5.5% on Monday . The stock traded as high as $2.49 and last traded at $2.49, with a volume of 66,331 shares changing hands. The stock had previously closed at $2.36.
Several research firms have weighed in on NOA. TheStreet raised North American Energy Partners from a “sell” rating to a “hold” rating in a research note on Thursday, May 26th. Sterne Agee CRT reissued a “neutral” rating on shares of North American Energy Partners in a research note on Monday, May 16th. Finally, Zacks Investment Research raised North American Energy Partners from a “hold” rating to a “buy” rating and set a $3.25 target price on the stock in a research note on Tuesday, July 19th.
The firm’s market cap is $77.29 million. The company has a 50 day moving average price of $2.76 and a 200-day moving average price of $2.29.
North American Energy Partners Inc provides a range of mining and heavy construction services. The Company offers its services to customers in the resource development and industrial construction sectors, within Western Canada. The Company provides construction and operations support services through various stages of an oil sands project’s lifecycle.
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