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MARKETS LIVE BLOG:

STOCKS RISE AS TECHS REVIVE, WITH NETFLIX EARNINGS ON TAP

Tesla shares slide to 52-week low; stock is down roughly 40% year-to-date

Today's Research Reports on Granite Oil, Baytex Energy, Cequence Energy and Encana

ACCESSWIRE

NEW YORK, NY / ACCESSWIRE / November 9, 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 Initiates Coverage on:

Granite Oil Corp.
https://rdinvesting.com/news/?ticker=GXO.TO

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

Cequence Energy Ltd.
https://rdinvesting.com/news/?ticker=CQE.TO

Encana Corporation
https://rdinvesting.com/news/?ticker=ECA.TO

Granite Oil's stock moved 9.24% lower Thursday, to close the day at $1.08. The stock recorded a trading volume of 103,275 shares, which was below its three months average volume of 104,115 shares. In the last year, Granite Oil's shares have traded in a range of 1.05 - 3.60. The share price has gained 2.86% 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 $1.66 is lower than its 200-day moving average of $2.41. Shares of Granite Oil have fallen approximately 65.38 percent year-to-date.

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

On Thursday, shares of Baytex Energy recorded a trading volume of 4,037,714 shares, which was below the three months average volume of 6,074,181 shares. The stock ended the day 3.17% lower at $2.75. The share price has fallen 55.86% from its 52 week high with a 52 week trading range of 2.49 - 6.23. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $3.22 is lower than its 200-day moving average of $4.30. Shares of Baytex Energy have fallen approximately 27.06 percent year-to-date.

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

Cequence Energy's stock moved 2.94% higher Thursday, to close the day at $0.70. The stock recorded a trading volume of 42,751 shares, which was below its three months average volume of 53,792 shares. In the last year, Cequence Energy's shares have traded in a range of 0.63 - 2.60. The share price has gained 11.11% 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 $0.88 is lower than its 200-day moving average of $1.31. Shares of Cequence Energy have fallen approximately 65 percent year-to-date.

Access RDI's Cequence Energy Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=CQE.TO

On Thursday, shares of Encana recorded a trading volume of 5,089,803 shares, which was above the three months average volume of 3,547,653 shares. The stock ended the day 0.26% lower at $11.44. The share price has fallen 38.3% from its 52 week high with a 52 week trading range of 11.03 - 18.54. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $14.85 is lower than its 200-day moving average of $16.31. Shares of the company are trading at a Price to Earnings ratio of 170.75. Shares of Encana have fallen approximately 31.78 percent year-to-date.

Access RDI's Encana Corporation Research Report at:
https://rdinvesting.com/news/?ticker=ECA.TO

Our Actionable Research on Granite Oil Corp. (TSX:GXO.TO), Baytex Energy Corp. (TSX:BTE.TO), Cequence Energy Ltd. (TSX:CQE.TO) and Encana Corporation (TSX:ECA.TO) can be downloaded free of charge at Research Driven Investing.

Research Driven Investing

We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.

RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.

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: RDIvesting.com