Birchcliff Energy (OTCMKTS:BIREF) Upgraded to “Strong-Buy” at National Bank Financial

Birchcliff Energy (OTCMKTS:BIREF) was upgraded by research analysts at National Bank Financial from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Wednesday,Zacks.com reports.

Separately, Scotiabank raised shares of Birchcliff Energy from a “hold” rating to a “strong-buy” rating in a report on Friday, January 17th.

Birchcliff Energy Stock Performance

Shares of OTCMKTS:BIREF opened at $4.23 on Wednesday. The firm has a market cap of $1.15 billion, a PE ratio of 105.75 and a beta of 0.62. The firm’s 50 day simple moving average is $3.71 and its 200-day simple moving average is $4.02. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.01 and a current ratio of 1.01. Birchcliff Energy has a one year low of $3.15 and a one year high of $4.83.

Birchcliff Energy Company Profile

Birchcliff Energy Ltd., an intermediate oil and natural gas company, explores for, develops, and produces natural gas, light oil, condensate, and other natural gas liquids in Western Canada. The company holds interests in the areas of Montney/Doig Resource Play, including the Pouce Coupe and Gordondale properties in Alberta.