Torc Oil And Gas Ltd (TOG) Insider Jason Zabinsky Sells 3,280 Shares

Torc Oil And Gas Ltd (TSE:TOG) insider Jason Zabinsky sold 3,280 shares of Torc Oil And Gas stock in a transaction dated Friday, March 17th. The stock was sold at an average price of C$6.80, for a total value of C$22,304.00.

Shares of Torc Oil And Gas Ltd (TSE:TOG) traded down 2.11% on Monday, reaching $6.49. The company had a trading volume of 1,287,664 shares. The company’s 50-day moving average price is $7.17 and its 200 day moving average price is $7.73. The firm’s market capitalization is $1.19 billion. Torc Oil And Gas Ltd has a 52 week low of $6.47 and a 52 week high of $9.23.

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A number of equities research analysts recently commented on the company. Royal Bank of Canada reaffirmed an “outperform” rating and set a C$10.00 target price on shares of Torc Oil And Gas in a report on Friday, December 16th. TD Securities lifted their target price on Torc Oil And Gas from C$11.50 to C$12.00 and gave the stock a “buy” rating in a report on Friday, March 3rd. CIBC decreased their target price on Torc Oil And Gas from C$9.50 to C$9.00 in a report on Wednesday, January 25th. Clarus Securities reaffirmed a “buy” rating on shares of Torc Oil And Gas in a report on Friday, March 3rd. Finally, BMO Capital Markets lifted their price target on Torc Oil And Gas from C$10.00 to C$11.00 in a research report on Wednesday, December 21st. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Torc Oil And Gas presently has an average rating of “Buy” and a consensus target price of C$10.06.

Torc Oil And Gas Company Profile

TORC Oil and Gas Ltd. (TORC), formerly Vero Energy Inc (Vero), is a Canada-based company. The Company is engaged in the acquisition, exploration, development and production of crude oil and natural gas assets.The Company is engaged in drilling activities. TORC uses its technical, technological and industry knowledge to evaluate potential hydrocarbon .

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