Dublin OH, January 21, 2015 — Cardinal Energy Group, Inc. (OTCQB: CEGX) announces Cardinal Energy Group Now Covered by Analysts at Haywood Securities (OTCMKTS:CEGX)
January 20th, 2015 – 0 comments – Filed Under – by Stefani Robinson
Cardinal Energy Group Inc logo Haywood Securities initiated coverage on shares of Cardinal Energy Group (OTCMKTS:CEGX) in a research report sent to investors on Tuesday morning. The firm issued a buy rating on the stock.
Shares of Cardinal Energy Group (OTCMKTS:CEGX) traded down 2.63% during mid-day trading on Tuesday, hitting $0.37. The stock had a trading volume of 1,000 shares. Cardinal Energy Group has a 52-week low of $0.295 and a 52-week high of $0.90. The stock’s 50-day moving average is $0.48 and its 200-day moving average is $0.57.
Cardinal Energy Group, Inc is a development-stage company. The Company focuses on manufacturing and selling a steak timer. On September 28, 2012, it changed the focus of its business when it acquired all of the ownership interests of Cardinal Energy Group, LLC, an Ohio Limited Liability Company which is engaged in the business of exploring, purchasing, developing and operating oil and gas leases. http://www.americanconsumernews.net/scripts/viewcount.ashx?type=a&secondary=1&id=392330