Imperial Oil (NASDAQ:IMO) Stock Price Down 0.4%

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Shares of Imperial Oil Limited (NASDAQ:IMO) traded down 0.4% on Friday . The company traded as low as $26.29 and last traded at $26.34, 211,161 shares traded hands during mid-day trading. A decline of 27% from the average session volume of 289,586 shares. The stock had previously closed at $26.45.

IMO has been the subject of a number of analyst reports. BidaskClub lowered shares of Imperial Oil from a “hold” rating to a “sell” rating in a research note on Friday, November 15th. AltaCorp Capital upgraded shares of Imperial Oil from an “underperform” rating to a “sector perform” rating in a research report on Sunday, October 6th.

The stock’s 50 day moving average is $25.49 and its 200 day moving average is $26.00.

Imperial Oil (NASDAQ:IMO) last announced its earnings results on Friday, November 1st. The company reported $0.42 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.44 by ($0.02). The company had revenue of $6.62 billion during the quarter, compared to analysts’ expectations of $6.69 billion.

About Imperial Oil (NASDAQ:IMO)

Imperial Oil Limited explores for, produces, and sells crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream, and Chemical. The Upstream segment explores for and produces crude oil, natural gas, synthetic oil, and bitumen. As of December 31, 2017, this segment had 450 million oil-equivalent barrels of proved undeveloped reserves.

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