U.S. Markets close in 3 hrs 18 mins

Today’s Research Reports on Canadian Natural Resources, Encana, TransGlobe Energy and Raging River Exploration

NEW YORK, NY / ACCESSWIRE / May 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:

Canadian Natural Resources Ltd.
https://rdinvesting.com/news/?ticker=CNQ.TO

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

TransGlobe Energy Corp.
https://rdinvesting.com/news/?ticker=TGL.TO

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

Canadian Natural Resources' stock edged 0.36% lower Tuesday, to close the day at $46.85. The stock recorded a trading volume of 2,552,507 shares, which was below its three months average volume of 3,046,372 shares. In the last year, Canadian Natural Resources' shares have traded in a range of 35.90 - 47.56. The share price has gained 30.50% 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 $43.99 is greater than its 200-day moving average of $43.16. Shares of the company are trading at a Price to Earnings ratio of 20.75. Shares of Canadian Natural Resources have gained approximately 4.3 percent year-to-date.

Access RDI's Canadian Natural Resources Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=CNQ.TO

On Tuesday, shares of Encana recorded a trading volume of 3,632,929 shares, which was below the three months average volume of 4,381,801 shares. The stock ended the day 1.65% higher at 17.20. The share price has gained 63.19% from its 52-week low with a 52-week trading range of 10.54 - 17.94. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $15.54 is greater than its 200-day moving average of $15.27. Shares of the company are trading at a Price to Earnings ratio of 30.60. Shares of Encana have gained approximately 2.56 percent year-to-date.

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

TransGlobe Energy's stock moved 1.62% higher Tuesday, to close the day at $2.51. The stock recorded a trading volume of 115,033 shares, which was above its three months average volume of 61,073 shares. In the last year, TransGlobe Energy's shares have traded in a range of 1.30 - 2.75. The share price has gained 93.08% 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 $2.01 is greater than its 200-day moving average of $1.85. Shares of TransGlobe Energy have gained approximately 32.11 percent year-to-date.

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

On Tuesday, shares of Raging River Exploration recorded a trading volume of 2,516,709 shares, which was above the three months average volume of 1,332,913 shares. The stock ended the day 2.26% lower at 7.77. The share price has gained 41.02% from its 52-week low with a 52-week trading range of 5.51 - 8.89. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $6.78 is below its 200-day moving average of $7.16. Shares of the company are trading at a Price to Earnings ratio of 30.00. Shares of Raging River Exploration have fallen approximately 2.88 percent year-to-date.

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

Our Actionable Research on Canadian Natural Resources Ltd. (TSX :CNQ.TO), Encana Corporation (TSX :ECA.TO), TransGlobe Energy Corp. (TSX :TGL.TO) and Raging River Exploration Inc. (TSX :RRX.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:

Address:

Research Driven Investing, Unit #901 511 Avenue of the Americas, New York, NY, 10011

Email:

contact@rdinvesting.com

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

SOURCE: RDInvesting.com