Paramount Resources Ltd. ( OTCMKTS:PRMRF – Free Report ) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $22.12 and traded as low as $20.76. Paramount Resources shares last traded at $21.17, with a volume of 48,904 shares changing hands. Wall Street Analyst Weigh In A number of research analysts have recently issued reports on the stock. National Bank Financial cut shares of Paramount Resources from an 'outperform' rating to a 'sector perform' rating in a report on Thursday, June 29th.

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