ValuEngine Lowers Victory Energy (VYEY) to Strong Sell

Victory Energy (OTCMKTS:VYEY) was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research note issued to investors on Thursday.

Shares of Victory Energy (OTCMKTS VYEY) remained flat at $$0.16 during trading hours on Thursday. 4,250 shares of the company’s stock were exchanged, compared to its average volume of 1,839. Victory Energy has a 12 month low of $0.03 and a 12 month high of $0.25.

Victory Energy (OTCMKTS:VYEY) last issued its earnings results on Tuesday, November 14th. The energy producer reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $0.06 million during the quarter. Victory Energy had a negative net margin of 678.44% and a negative return on equity of 100.29%.

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Victory Energy Company Profile

Victory Energy Corporation (Victory) is an independent exploration and production company. The Company is engaged in the acquisition, exploration and production of oil and natural gas properties, through its partnership with Aurora Energy Partners (Aurora). The Company has technical and specialized resources located in Midland, Texas.

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