MLV Initiates Yuma Energy With Buy

MLV initiated coverage on Yuma Energy, Inc. (NYSE: YUMA) with a Buy rating.

The target price for Yuma Energy is set to $1.50.

Yuma Energy shares have declined 83.30 percent over the past 52 weeks, while the S&P 500 index has gained 12.45 percent in the same period.

Yuma Energy shares closed at $0.950 yesterday.