---
title: "Lycos Energy (CVE:LCX) Trading 12.7% Higher   - Still a Buy?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278430318.md"
description: "Lycos Energy (CVE:LCX) shares rose 12.7% to C$1.60, with trading volume increasing by 49%. Haywood Securities upgraded the stock from \"hold\" to \"buy\" but lowered the price target from C$1.50 to C$0.65. Analysts rate the stock as a \"Moderate Buy\" with an average target of C$1.60. The company focuses on petroleum and natural gas production in Western Canada, with a market cap of C$83.05 million and a P/E ratio of -1.31."
datetime: "2026-03-09T17:49:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278430318.md)
  - [en](https://longbridge.com/en/news/278430318.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278430318.md)
---

# Lycos Energy (CVE:LCX) Trading 12.7% Higher   - Still a Buy?

Lycos Energy Inc. (CVE:LCX - Get Free Report)'s stock price traded up 12.7% during trading on Monday . The stock traded as high as C$1.62 and last traded at C$1.60. 514,529 shares changed hands during trading, an increase of 49% from the average session volume of 345,266 shares. The stock had previously closed at C$1.42.

## Analyst Upgrades and Downgrades

Separately, Haywood Securities upgraded shares of Lycos Energy from a "hold" rating to a "buy" rating and decreased their price target for the company from C$1.50 to C$0.65 in a research report on Monday, December 22nd. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of C$1.60.

**Check Out Our Latest Stock Analysis on LCX**

## Lycos Energy Price Performance

The stock has a 50-day moving average price of C$1.03 and a 200-day moving average price of C$1.11. The company has a market capitalization of C$83.05 million, a P/E ratio of -1.31 and a beta of 0.68.

## Lycos Energy Company Profile

(Get Free Report)

Lycos Energy Inc, a junior resource company, engages in the development and production of petroleum and natural gas in Western Canada. The company operates heavy-oil development assets in the Gull Lake area of southwest Saskatchewan and heavy-oil assets in the Lloydminster area. Lycos Energy Inc is headquartered in Calgary, Canada.

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