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Zacks Investment Research downgraded Lilis Energy Inc (NASDAQ:LLEX) to Sell in a report released today.

Zacks Investment Research has downgraded Lilis Energy Inc (NASDAQ:LLEX) to Sell in a report released on Wednesday June 21, 2017.

Just yesterday Lilis Energy Inc (NASDAQ:LLEX) traded -6.59% lower at $5.00. Lilis Energy Inc’s 50-day moving average is $3.85 and its 200-day moving average is $4.36. The last closing price is up -12.15% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 597,684 shares of LLEX traded hands, up from an average trading volume of 337,747

Recent Performance Chart

Lilis Energy Inc (NASDAQ:LLEX)

Lilis Energy Inc has 52 week low of $2.10 and a 52 week high of $5.69 and has a market capitalization of $0.

Brief Synopsis On Lilis Energy Inc (NASDAQ:LLEX)

Lilis Energy, Inc. is an upstream independent oil and gas company. The Company is engaged in the acquisition, drilling and production of oil and natural gas properties and prospects. The Company drills for, operates and produces oil and natural gas wells through its land holdings located in Wyoming, Colorado, and Nebraska. The vertical well produces approximately 690 net million cubic feet (mcf) per day. The well holds the lease to all depths, from surface down to approximately 22,000 feet, including the Wolfcamp, Bone Springs, and Avalon formations.

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