Gear Energy (OTCMKTS:GENGF) Now Covered by Stifel Nicolaus

Investment analysts at Stifel Nicolaus initiated coverage on shares of Gear Energy (OTCMKTS:GENGFGet Rating) in a note issued to investors on Thursday, The Fly reports. The brokerage set a “hold” rating on the stock.

Gear Energy Stock Performance

GENGF stock opened at $0.81 on Thursday. The firm has a 50 day simple moving average of $0.85 and a 200 day simple moving average of $0.91. Gear Energy has a 52 week low of $0.73 and a 52 week high of $1.49.

Gear Energy Company Profile

(Get Rating)

Gear Energy Ltd., an exploration and production company, acquires, develops, and holds interests in petroleum and natural gas properties and assets in Canada. Its properties include the Celtic/Paradise Hill property located approximately 40 kilometers northeast of Lloydminster Alberta; the Wildmere field situated approximately 200 kilometers southeast of Edmonton, Alberta; the Wilson Creek property located in Central Alberta; and the Tableland property situated southwest of Estevan in Southeast Saskatchewan.

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