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Lucas Energy, Inc. (NYSE: LEI) shares traded higher by 500 percent at one point on Thursday after beginning the day below $2 per share. In a press release, the company said it has signed a purchase agreement for undeveloped properties from 21 different entities, including two blocks of land in the Mid-Continent region. The issue, which has traded a combined 30k for the first three days of the week, has traded 7 million shares with over four hours remaining in the session. After ending Wednesday's session at $1.65, it bottomed at $1.85 off it opening print and began to scream higher. So far, it has reached $10.66 and continues to make new highs for the session. This marks the first time the issue has traded over $10 since February when it peaked at $11.25. Its low for the year was made in July at $1.41 and traded as low as $1.57 only on December 8 and $1.59 in Wednesday's session. See more from Benzinga © 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Lucas Energy Inc.
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CODE : LEI |
ISIN : US5493332010 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Lucas Energy is based in United states of america. Lucas Energy is listed in United States of America. Its market capitalisation is US$ 2.8 millions as of today (€ 2.4 millions). Its stock quote reached its highest recent level on November 07, 2014 at US$ 9.50, and its lowest recent point on December 21, 2018 at US$ 0.07. Lucas Energy has 3 726 436 shares outstanding. |