Birchcliff Energy (OTCMKTS:BIREF) Upgraded at TD Securities

Birchcliff Energy (OTCMKTS:BIREF) was upgraded by stock analysts at TD Securities from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

A number of other research firms also recently weighed in on BIREF. National Bank Financial upgraded Birchcliff Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. Scotiabank upgraded Birchcliff Energy from a “hold” rating to a “strong-buy” rating in a report on Friday, January 17th.

Birchcliff Energy Trading Up 0.5 %

Shares of OTCMKTS:BIREF opened at $4.25 on Thursday. The company has a 50 day moving average of $3.74 and a 200-day moving average of $4.02. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.22. The firm has a market cap of $1.15 billion, a P/E ratio of 106.28 and a beta of 0.62. Birchcliff Energy has a twelve month low of $3.15 and a twelve month 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.