Zacks Research Upgrades Prio (OTCMKTS:PTRRY) to “Hold”

Prio (OTCMKTS:PTRRY) was upgraded by equities researchers at Zacks Research to a “hold” rating in a report issued on Monday,Zacks.com reports.

Prio Stock Up 5.5%

Prio stock opened at C$12.73 on Monday. The business has a 50 day moving average price of C$13.02 and a two-hundred day moving average price of C$10.57. Prio has a 12 month low of C$6.52 and a 12 month high of C$14.37.

About Prio

Prio SA, together with its subsidiaries, engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally. It holds a 100% interest in the Polvo Field covering approximately 134 square kilometres located in the southern portion of the Campos Basin, Rio de Janeiro; and the Frade Field that consists of approximately 154 kilometres located in the northern region of the Campos Basin, Rio de Janeiro. The company also holds interest in the Manati Field that comprises approximately 76 square kilometres located in the Camumu Basin, on the coast of the State of Bahia.