Canada Markets closed

Today's Research Reports on Pine Cliff Energy, Tourmaline Oil, Valeura Energy and Africa Oil

NEW YORK, NY / ACCESSWIRE / October 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 Initiates Coverage on:

Pine Cliff Energy Ltd.
https://rdinvesting.com/news/?ticker=PNE.TO

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

Valeura Energy Inc.
https://rdinvesting.com/news/?ticker=VLE.TO

Africa Oil Corp.
https://rdinvesting.com/news/?ticker=AOI.TO

Pine Cliff Energy’s stock had no change Monday, to close the day at $0.31. The stock recorded a trading volume of 17,000 shares, which was below its three months average volume of 129,072 shares. In the last year, Pine Cliff Energy's shares have traded in a range of 0.27 - 0.63. The share price has gained 14.81% 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 $0.35 is lower than its 200-day moving average of $0.35. Shares of Pine Cliff Energy have fallen approximately 32.61 percent year-to-date.

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

On Monday, shares of Tourmaline Oil recorded a trading volume of 852,326 shares, which was below the three months average volume of 898,651 shares. The stock ended the day 2.36% lower at $20.68. The share price has fallen 24.14% from its 52 week high with a 52 week trading range of 17.78 - 27.26. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $21.52 is lower than its 200-day moving average of $23.19. Shares of the company are trading at a Price to Earnings ratio of 19.04. Shares of Tourmaline Oil have fallen approximately 9.22 percent year-to-date.

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

Valeura Energy’s stock moved 1.47% higher Monday, to close the day at $4.14. The stock recorded a trading volume of 271,986 shares, which was below its three months average volume of 325,777 shares. In the last year, Valeura Energy's shares have traded in a range of 0.44 - 8.27. The share price has gained 840.91% 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 lower than its 200-day moving average of $4.26. Shares of Valeura Energy have fallen approximately 3.5 percent year-to-date.

Access RDI's Valeura Energy Inc. Research Report at:
https://rdinvesting.com/news/?ticker=VLE.TO

On Monday, shares of Africa Oil recorded a trading volume of 61,782 shares, which was below the three months average volume of 150,353 shares. The stock ended the day 1.52% lower at $1.30. The share price has fallen 27.37% from its 52 week high with a 52 week trading range of 1.07 - 1.79. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $1.39 is greater than its 200-day moving average of $1.25. Shares of Africa Oil have fallen approximately 8.45 percent year-to-date.

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

Our Actionable Research on Pine Cliff Energy Ltd. (TSX:PNE.TO), Tourmaline Oil Corp. (TSX:TOU.TO), Valeura Energy Inc. (TSX:VLE.TO) and Africa Oil Corp. (TSX:AOI.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.

CONTACT

For any questions, inquiries, or comments reach out to us directly at:

Email:

contact@rdinvesting.com

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: RDInvesting.com