Barclays PLC Raises Stake in Prairie Operating Co. (NASDAQ:PROP)

Barclays PLC lifted its position in shares of Prairie Operating Co. (NASDAQ:PROPFree Report) by 321.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 5,996 shares of the company’s stock after buying an additional 4,574 shares during the period. Barclays PLC’s holdings in Prairie Operating were worth $52,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. State Street Corp raised its holdings in Prairie Operating by 56.4% in the 3rd quarter. State Street Corp now owns 62,041 shares of the company’s stock valued at $543,000 after acquiring an additional 22,384 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of Prairie Operating in the second quarter valued at $208,000. Warberg Asset Management LLC acquired a new position in Prairie Operating in the second quarter valued at $127,000. Finally, Rhumbline Advisers acquired a new position in Prairie Operating in the second quarter valued at $45,000. Institutional investors and hedge funds own 34.28% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Singular Research raised Prairie Operating to a “moderate buy” rating in a research note on Monday, October 7th.

View Our Latest Stock Analysis on PROP

Prairie Operating Stock Performance

PROP opened at $6.47 on Friday. Prairie Operating Co. has a 1 year low of $5.70 and a 1 year high of $16.08. The company’s 50 day simple moving average is $7.87 and its 200 day simple moving average is $8.76. The stock has a market capitalization of $148.29 million, a PE ratio of -2.16 and a beta of 1.95.

Prairie Operating Profile

(Free Report)

Prairie Operating Co, an independent energy company, engages in the development, exploration, and production of oil, natural gas, and natural gas liquids in the United States. The company holds assets in the Denver-Julesburg Basin in Colorado; and the Niobrara and Codell formations. Prairie Operating Co is based in Houston Texas.

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Institutional Ownership by Quarter for Prairie Operating (NASDAQ:PROP)

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