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Rodman & Renshaw Downgrades RAM Energy (RAM) Following 82% Rally

December 23, 2011 9:29 AM EST
Get Alerts RAM Hot Sheet
Price: $10.60 --0%

Rating Summary:
    1 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 7 | Down: 14 | New: 26
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An analyst at Rodman & Renshaw downgraded shares of RAM Energy Resources (NASDAQ: RAM) from Market Outperform to Market Perform Friday morning following news of a $500 million recapitalization and the resulting 82 percent surge in the stock.

The stock is currently trading down about 1.5 percent in pre-open action.

For an analyst ratings summary and ratings history on RAM Energy Resources click here. For more ratings news on RAM Energy Resources click here.


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