PetroQuest Energy Inc. (NYSE:PQ) traded down 5.6% during mid-day trading on Thursday . The company traded as low as $3.05 and last traded at $3.05, with a volume of 177,431 shares changing hands. The stock had previously closed at $3.23.

A number of equities research analysts have issued reports on the stock. Zacks Investment Research raised shares of PetroQuest Energy from a “sell” rating to a “hold” rating in a research note on Friday, June 10th. Roth Capital reissued a “buy” rating on shares of PetroQuest Energy in a research note on Thursday, May 26th. Capital One Financial Corp. lowered shares of PetroQuest Energy from an “overweight” rating to an “equal weight” rating in a research note on Thursday, August 4th. Johnson Rice raised shares of PetroQuest Energy from an “accumulate” rating to a “buy” rating in a research note on Friday, August 26th. Finally, Seaport Global Securities raised shares of PetroQuest Energy from an “accumulate” rating to a “buy” rating and lifted their target price for the company from $4.00 to $5.00 in a research note on Friday, August 26th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. PetroQuest Energy has an average rating of “Hold” and an average target price of $4.59.

The firm’s market capitalization is $51.65 million. The stock’s 50 day moving average is $2.52 and its 200-day moving average is $2.66.

PetroQuest Energy (NYSE:PQ) last announced its quarterly earnings data on Monday, August 1st. The energy company reported ($1.38) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.47) by $0.91. During the same quarter in the prior year, the company earned ($0.94) EPS. The company had revenue of $15.80 million for the quarter, compared to analyst estimates of $15.72 million. PetroQuest Energy’s revenue for the quarter was down 51.5% compared to the same quarter last year. On average, equities research analysts forecast that PetroQuest Energy Inc. will post ($1.18) earnings per share for the current year.

PetroQuest Energy, Inc is an oil and gas company. The Company is engaged in exploratory, development and acquisition activities. The Company has approximately 30 gross exploratory wells and over 30 gross development wells. The Company has reserves in various areas, including East Texas, Gulf Coast Basin and Oklahoma Woodford.

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