Birchcliff Energy (OTCMKTS:BIREF) Stock Rating Upgraded by TD Securities

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

BIREF has been the topic of a number of other reports. National Bank Financial upgraded Birchcliff Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. Scotiabank raised Birchcliff Energy from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 17th.

Birchcliff Energy Price Performance

Shares of OTCMKTS:BIREF opened at $4.25 on Thursday. The company has a market cap of $1.15 billion, a PE ratio of 106.28 and a beta of 0.62. Birchcliff Energy has a fifty-two week low of $3.15 and a fifty-two week high of $4.83. The firm has a 50-day simple moving average of $3.74 and a 200 day simple moving average of $4.02. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.22.

About Birchcliff Energy

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.