Is Logan energy a good stock to buy?

Logan Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.89, and is based on 8 buy ratings, 1 hold rating, and no sell ratings. Logan Energy has only been the subject of 2 research reports in the past 90 days. Read more about Logan Energy's stock forecast and price target.

Should you buy Logan energy (LGN) stock?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Logan Energy in the last year. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LGN shares. View LGN analyst ratings or view top-rated stocks.

How much did Logan sell for a private placement?

Pursuant to the Private Placement, Logan issued an aggregate of 64.3 million units (" Units ") and 74.3 million common shares of Logan (" Logan Shares ") at a price of $0.35 per Unit and Logan Share, as applicable. The Private Placement generated significant demand from investors who provided indications materially in excess of $48.5 million .