Molori Energy (MOLOF) Rating Lowered to Sell at ValuEngine

Molori Energy (OTCMKTS:MOLOF) was downgraded by stock analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued on Wednesday, December 20th.

Molori Energy (OTCMKTS:MOLOF) remained flat at $$0.25 during trading on Wednesday. 7,800 shares of the company were exchanged, compared to its average volume of 38,795. The firm has a market capitalization of $9.34, a P/E ratio of 2.50 and a beta of 1.59. Molori Energy has a 1 year low of $0.08 and a 1 year high of $0.52.

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About Molori Energy

Molori Energy Inc operates as an oil and gas production company in Texas, the United States. It owns 25% working interest in 57 oil and gas leases covering 7,314 acres located in the Texas Panhandle. The company was formerly known as Taipan Resources Inc and changed its name to Molori Energy Inc in January 2017.

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

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