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Today's Research Reports on RediShred Capital, Distinct Infrastructure, Major Drilling and Canfor

NEW YORK, NY / ACCESSWIRE / July 17, 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:

RediShred Capital Corp.
https://rdinvesting.com/news/?ticker=KUT.V

Distinct Infrastructure Group Inc.
https://rdinvesting.com/news/?ticker=DUG.V

Major Drilling Group International Inc.
https://rdinvesting.com/news/?ticker=MDI.TO

Canfor Corporation
https://rdinvesting.com/news/?ticker=CFP.TO

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RediShred Capital's stock had no change Monday, to close the day at $0.65. The stock recorded a trading volume of 10,000 shares, which was below its three months average volume of 13,498 shares. In the last year, RediShred Capital's shares have traded in a range of 0.50 - 0.76. The share price has gained 30.00% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $0.63 is greater than its 200-day moving average of $0.59. Shares of RediShred Capital are trading at a Price to Earnings ratio of 34.21. Shares of RediShred Capital have gained approximately 18.18 percent year-to-date.

Access RDI's RediShred Capital Corp. Research Report at:
https://rdinvesting.com/news/?ticker=KUT.V

On Monday, shares of Distinct Infrastructure recorded a trading volume of 6,500 shares, which was below the three months average volume of 43,687 shares. The stock ended the day 6.12% lower at 0.92. The share price has gained 31.43% from its 52 week low with a 52 week trading range of 0.70 - 1.69. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $1.18 is below its 200-day moving average of $1.30. Shares of Distinct Infrastructure have fallen approximately 25.59 percent year-to-date.

Access RDI's Distinct Infrastructure Group Inc. Research Report at:
https://rdinvesting.com/news/?ticker=DUG.V

Major Drilling's stock moved 2.70% higher Monday, to close the day at $6.46. The stock recorded a trading volume of 14,988 shares, which was below its three months average volume of 51,325 shares. In the last year, Major Drilling's shares have traded in a range of 6.03 - 8.40. The stock is currently trading 23.10% 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 $6.87 is greater than its 200-day moving average of $6.69. Shares of Major Drilling have fallen approximately 11.88 percent year-to-date.

Access RDI's Major Drilling Group International Inc. Research Report at:
https://rdinvesting.com/news/?ticker=MDI.TO

On Monday, shares of Canfor recorded a trading volume of 151,580 shares, which was below the three months average volume of 276,390 shares. The stock ended the day 1.41% higher at 32.29. The share price has gained 64.74% from its 52 week low with a 52 week trading range of 19.60 - 34.04. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $31.63 is greater than its 200-day moving average of $30.02. Shares of Canfor are trading at a Price to Earnings ratio of 10.76. Shares of Canfor have gained approximately 30.31 percent year-to-date.

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

Our Actionable Research on RediShred Capital Corp. (TSX-V: KUT.V) and Distinct Infrastructure Group Inc. (TSX-V: DUG.V) and Major Drilling Group International Inc. (TSX: MDI.TO) and Canfor Corporation (TSX: CFP.TO) can be downloaded free of charge at Research Driven Investing.

Research Driven Investing

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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: RDInvesting.com