Delphi Energy Corp. (TSE:DEE) fell 4.6% on Monday . The company traded as low as C$1.02 and last traded at C$1.03. 193,500 shares were traded during trading, an increase of 40% from the average session volume of 138,142 shares. The stock had previously closed at C$1.08.

A number of research firms recently commented on DEE. BMO Capital Markets reiterated an “outperform” rating and issued a C$1.75 price objective on shares of Delphi Energy in a report on Wednesday, October 18th. Stifel Nicolaus reiterated an “outperform” rating and issued a C$1.75 price objective on shares of Delphi Energy in a report on Wednesday, October 18th. Finally, GMP Securities upped their price objective on Delphi Energy from C$1.40 to C$1.50 in a report on Monday, November 13th.

The stock has a market cap of $185.47, a price-to-earnings ratio of -10.00 and a beta of 1.94.

In other Delphi Energy news, insider Michael Galvin sold 25,000 shares of the stock in a transaction dated Friday, November 17th. The stock was sold at an average price of C$1.21, for a total value of C$30,250.00. Insiders acquired 18,000 shares of company stock valued at $21,110 over the last 90 days.

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Delphi Energy Company Profile

Delphi Energy Corp. (Delphi) is a Canada-based company engaged in the acquisition for and exploration, development and production of crude oil, natural gas and natural gas liquids in western Canada. The Company’s operations are principally concentrated in Northwest Alberta at Bigstone, which is in the Deep Basin of Northwest Alberta.

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