Shares of PetroQuest Energy Inc. (NYSE:PQ) traded down 7.5% on Tuesday . The company traded as low as $3.19 and last traded at $3.20, with a volume of 77,315 shares. The stock had previously closed at $3.46.

A number of analysts have recently weighed in on the stock. Zacks Investment Research raised shares of PetroQuest Energy from a “hold” rating to a “buy” rating and set a $3.75 target price on the stock in a research report on Thursday. Seaport Global Securities lowered shares of PetroQuest Energy from a “buy” rating to an “accumulate” rating and set a $4.00 target price on the stock. in a research report on Tuesday, June 7th. Finally, Roth Capital reaffirmed a “buy” rating on shares of PetroQuest Energy in a research report on Thursday, May 26th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $5.87.

The company’s market cap is $58.02 million. The stock has a 50-day moving average price of $3.02 and a 200 day moving average price of $2.43.

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

An institutional investor recently raised its position in PetroQuest Energy stock. Central Square Management LLC raised its stake in PetroQuest Energy Inc. (NYSE:PQ) by 53.6% during the fourth quarter, Holdings Channel reports. 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 1.7% of Central Square Management LLC’s holdings, making the stock its 12th largest position. Central Square Management LLC owned approximately 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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