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

Zacks Research upgraded shares of Prio (OTCMKTS:PTRRY) to a hold rating in a report published on Monday morning,Zacks.com reports.

Prio Trading Up 5.5%

Shares of Prio stock opened at C$12.73 on Monday. Prio has a 1 year low of C$6.52 and a 1 year high of C$14.37. The firm’s 50-day moving average is C$13.02 and its two-hundred day moving average is C$10.57.

Prio Company Profile

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.