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

Investment analysts at Stifel Nicolaus initiated coverage on shares of Gear Energy (OTCMKTS:GENGF – Get 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

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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.