KLR Group downgraded shares of Synergy Resources Corp (AMEX:SYRG) from a buy rating to an accumulate rating in a report released on Monday.

Shares of Synergy Resources Corp (AMEX:SYRG) opened at 8.23 on Monday. The firm’s market capitalization is $1.65 billion. Synergy Resources Corp has a 1-year low of $5.01 and a 1-year high of $11.69. The company has a 50-day moving average price of $7.60 and a 200 day moving average price of $6.82.

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About Synergy Resources Corp

Synergy Resources Corporation is an independent oil and natural gas company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in and around the Denver-Julesburg Basin (D-J Basin) of Colorado. The D-J Basin generally extends from the Denver metropolitan area throughout northeast Colorado into Wyoming, Nebraska, and Kansas.

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