ValuEngine downgraded shares of Molori Energy (OTCMKTS:MOLOF) from a hold rating to a sell rating in a research report released on Wednesday morning.
Shares of Molori Energy (MOLOF) opened at $0.27 on Wednesday. Molori Energy has a 52-week low of $0.06 and a 52-week high of $0.52. The stock has a market capitalization of $11.21, a P/E ratio of 2.73 and a beta of 1.58.
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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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