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Today’s Research Reports on Baytex Energy, Raging River Exploration, Tourmaline Oil and Zargon Oil & Gas

NEW YORK, NY / ACCESSWIRE / February 16, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us free at http://rdinvesting.com and get exclusive access to our numerous research reports and market updates.

RDI has Initiated Coverage Today on:

Baytex Energy Corp.
https://rdinvesting.com/news/?ticker=BTE.TO

Raging River Exploration Inc.
https://rdinvesting.com/news/?ticker=RRX.TO

Tourmaline Oil Corp.
https://rdinvesting.com/news/?ticker=TOU.TO

Zargon Oil & Gas Ltd.
https://rdinvesting.com/news/?ticker=ZAR.TO

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Baytex Energy's stock moved 2.13% lower Thursday, to close the day at $3.22. The stock recorded a trading volume of 2,375,723 shares, which was below its three months average volume of 3,280,382 shares. In the last year, Baytex Energy's shares have traded in a range of 2.76 - 5.38. The share price has gained 16.67% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $3.83 is greater than its 200-day moving average of $3.64. Shares of Baytex Energy have fallen approximately 14.59 percent year-to-date.

Access RDI's Baytex Energy Corp. Research Report at:
https://rdinvesting.com/news/?ticker=BTE.TO

On Thursday, shares of Raging River Exploration recorded a trading volume of 584,890 shares, which was below the three months average volume of 1,322,628 shares. The stock ended the day 1.99% lower at 6.39. The stock is currently trading 38.56% below its 52-week high with a 52-week trading range of 6.03 - 10.40. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $7.73 is greater than its 200-day moving average of $7.44. Shares of Raging River Exploration are trading at a Price to Earnings ratio of 25.77. Shares of Raging River Exploration have fallen approximately 20.13 percent year-to-date.

Access RDI's Raging River Exploration Inc. Research Report at:
https://rdinvesting.com/news/?ticker=RRX.TO

Tourmaline Oil's stock moved 2.93% higher Thursday, to close the day at $18.95. The stock recorded a trading volume of 1,506,763 shares, which was above its three months average volume of 747,501 shares. In the last year, Tourmaline Oil's shares have traded in a range of 17.78 - 31.95. The stock is currently trading 40.69% below its 52 week high. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $20.79 is below its 200-day moving average of $23.22. Shares of Tourmaline Oil are trading at a Price to Earnings ratio of 15.74. Shares of Tourmaline Oil have fallen approximately 16.81 percent year-to-date.

Access RDI's Tourmaline Oil Corp. Research Report at:
https://rdinvesting.com/news/?ticker=TOU.TO

On Thursday, shares of Zargon Oil & Gas recorded a trading volume of 35,500 shares, which was below the three months average volume of 67,982 shares. The stock ended the day 4.71% higher at 0.45. The share price has gained 30.88% from its 52-week low with a 52-week trading range of 0.34 - 0.88. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $0.49 is greater than its 200-day moving average of $0.46. Shares of Zargon Oil & Gas have fallen approximately 3.26 percent year-to-date.

Access RDI's Zargon Oil & Gas Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=ZAR.TO

Our Actionable Research on Baytex Energy Corp. (TSX:BTE.TO), Raging River Exploration Inc. (TSX:RRX.TO), Tourmaline Oil Corp. (TSX:TOU.TO) and Zargon Oil & Gas Ltd. (TSX:ZAR.TO) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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SOURCE: RDInvesting.com