Zacks Investment Research Lowers SOCO International (OTCMKTS:SOCLF) to Sell

Zacks Investment Research cut shares of SOCO International (OTCMKTS:SOCLF) from a hold rating to a sell rating in a research report released on Tuesday, reports.

According to Zacks, “SOCO International plc is an oil and gas exploration and production company. Its properties located in Vietnam, the Republic of Congo, the Democratic Republic of Congo and Angola. SOCO International plc is headquartered in London, the United Kingdom. “

SOCLF opened at $0.79 on Tuesday. SOCO International has a 12-month low of $0.77 and a 12-month high of $1.21. The business’s fifty day simple moving average is $0.82 and its 200-day simple moving average is $0.86.

SOCO International Company Profile

SOCO International plc engages in the exploration, development, and production of oil and gas properties. It has exploration, development, and production interests in Vietnam; and exploration and appraisal interests in Congo (Brazzaville) and Angola. The company was founded in 1997 and is headquartered in London, the United Kingdom.

Further Reading: Rule of 72

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