ValuEngine cut shares of Pengrowth Energy (OTCMKTS:PGHEF) from a hold rating to a sell rating in a research note published on Tuesday morning.

Other research analysts also recently issued research reports about the stock. Zacks Investment Research raised shares of Pengrowth Energy from a sell rating to a buy rating and set a $0.75 price target for the company in a report on Saturday, June 30th. AltaCorp Capital raised shares of Pengrowth Energy from an underperform rating to a sector perform rating in a report on Thursday, June 14th.

Shares of OTCMKTS:PGHEF opened at $0.67 on Tuesday. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.69. Pengrowth Energy has a 12 month low of $0.59 and a 12 month high of $1.23. The stock has a market capitalization of $373.04 million, a P/E ratio of -0.63 and a beta of 2.05.

Pengrowth Energy (OTCMKTS:PGHEF) last announced its quarterly earnings results on Friday, August 3rd. The company reported ($0.03) EPS for the quarter. Pengrowth Energy had a negative net margin of 82.96% and a negative return on equity of 49.16%. The business had revenue of $113.46 million during the quarter.

Pengrowth Energy Company Profile

Pengrowth Energy Corporation engages in the acquisition, exploration, development, and production of oil and natural gas assets in Alberta, British Columbia, Saskatchewan, and Nova Scotia provinces in Canada. The company explores for crude oil, bitumen, natural gas, shale gas, and natural gas liquids.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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