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Today's Research Reports on Major Drilling Group International, IBI Group, Calfrac Well Services and AltaGas

NEW YORK, NY / ACCESSWIRE / January 15, 2019 / The Market Edge 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://marketedgereport.com and get exclusive access to our numerous research reports and market updates.

The Market Edge Initiates Coverage on:

Major Drilling Group International Inc.
https://marketedgereport.com/report/MDI.TO/

IBI Group Inc.
https://marketedgereport.com/report/IBG.TO/

Calfrac Well Services Ltd.
https://marketedgereport.com/report/CFW.TO/

AltaGas Ltd.
https://marketedgereport.com/report/ALA.TO/

Major Drilling Group International's stock moved 3.68% lower Monday, to close the day at $4.45. The stock recorded a trading volume of 62,138 shares, which was below its three months average volume of 62,917 shares. In the last year, Major Drilling Group International's shares have traded in a range of 4.17 - 7.89. The share price has gained 6.71% 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 $4.70 is lower than its 200-day moving average of $5.17. Shares of Major Drilling Group International have fallen approximately 3.26 percent year-to-date.

Access The Market Edge's Major Drilling Group International Inc.Research Report:
https://marketedgereport.com/report/MDI.TO/

On Monday, shares of IBI Group recorded a trading volume of 13,750 shares, which was below the three months average volume of 19,020 shares. The stock ended the day 0.48% lower at $4.11. The share price has fallen 54.33% from its 52 week high with a 52 week trading range of 3.67 - 9.00. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $4.20 is lower than its 200-day moving average of $4.96. Shares of the company are trading at a Price to Earnings ratio of 11.39. Shares of IBI Group have fallen approximately 5.73 percent year-to-date.

Access The Market Edge's IBI Group Inc. Research Report:
https://marketedgereport.com/report/IBG.TO/

Calfrac Well Services' stock moved 5.59% lower Monday, to close the day at $2.70. The stock recorded a trading volume of 378,892 shares, which was below its three months average volume of 612,340 shares. In the last year, Calfrac Well Services' shares have traded in a range of 2.03 - 8.35. The share price has gained 33% 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 $2.52 is lower than its 200-day moving average of $4.15. Shares of the company are trading at a Price to Earnings ratio of 17.42. Shares of Calfrac Well Services have gained approximately 10.66 percent year-to-date.

Access The Market Edge's Calfrac Well Services Ltd. Research Report:
https://marketedgereport.com/report/CFW.TO/

On Monday, shares of AltaGas recorded a trading volume of 946,755 shares, which was below the three months average volume of 2,157,341 shares. The stock ended the day 1.78% lower at $13.76. The share price has fallen 53.1% from its 52 week high with a 52 week trading range of 11.87 - 29.34. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $13.91 is lower than its 200-day moving average of $20.59. Shares of AltaGas have fallen approximately 1.01 percent year-to-date.

Access The Market Edge's AltaGas Ltd. Research Report:
https://marketedgereport.com/report/ALA.TO/

Our Actionable Research on Major Drilling Group International Inc. (TSX:MDI.TO), IBI Group Inc. (TSX:IBG.TO), Calfrac Well Services Ltd. (TSX:CFW.TO) and AltaGas Ltd. (TSX:ALA.TO) can be downloaded free of charge at The Market Edge.

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

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SOURCE: The Market Edge