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Today's Research Reports on Peyto Exploration & Development, TransGlobe Energy, Cenovus Energy and Alderon Iron Ore

NEW YORK, NY / ACCESSWIRE / October 24, 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:

Peyto Exploration & Development Corp.
https://rdinvesting.com/news/?ticker=PEY.TO

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

Cenovus Energy Inc.
https://rdinvesting.com/news/?ticker=CVE.TO

Alderon Iron Ore Corp.
https://rdinvesting.com/news/?ticker=IRON.TO

Peyto Exploration & Development’s stock moved 0.6% lower Tuesday, to close the day at $11.61. The stock recorded a trading volume of 786,562 shares, which was below its three months average volume of 827,447 shares. In the last year, Peyto Exploration & Development's shares have traded in a range of 9.83 - 19.83. The share price has gained 18.11% 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 $11.15 is greater than its 200-day moving average of $10.90. Shares of the company are trading at a Price to Earnings ratio of 10.97. Shares of Peyto Exploration & Development have fallen approximately 22.75 percent year-to-date.

Access RDI's Peyto Exploration & Development Corp. Research Report at:
https://rdinvesting.com/news/?ticker=PEY.TO

On Tuesday, shares of TransGlobe Energy recorded a trading volume of 576,216 shares, which was above the three months average volume of 117,707 shares. The stock ended the day 20.76% lower at $2.71. The share price has fallen 50.28% from its 52 week high with a 52 week trading range of 1.55 - 5.45. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $4.30 is greater than its 200-day moving average of $3.59. Shares of TransGlobe Energy have gained approximately 42.63 percent year-to-date.

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

Cenovus Energy’s stock moved 0.98% lower Tuesday, to close the day at $11.16. The stock recorded a trading volume of 4,361,729 shares, which was above its three months average volume of 3,793,596 shares. In the last year, Cenovus Energy's shares have traded in a range of 9.03 - 14.84. The share price has gained 23.59% 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 $12.02 is lower than its 200-day moving average of $12.82. Shares of Cenovus Energy have fallen approximately 2.79 percent year-to-date.

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

On Tuesday, shares of Alderon Iron Ore recorded a trading volume of 16,615 shares, which was below the three months average volume of 48,201 shares. The stock ended the day flat at $0.25. The share price has fallen 34.21% from its 52 week high with a 52 week trading range of 0.21 - 0.38. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $0.28 is lower than its 200-day moving average of $0.31. Shares of Alderon Iron Ore have gained approximately 8.7 percent year-to-date.

Access RDI's Alderon Iron Ore Corp. Research Report at:
https://rdinvesting.com/news/?ticker=IRON.TO

Our Actionable Research on Peyto Exploration & Development Corp. (TSX:PEY.TO), TransGlobe Energy Corporation (TSX:TGL.TO), Cenovus Energy Inc. (TSX:CVE.TO) and Alderon Iron Ore Corp. (TSX:IRON.TO) can be downloaded free of charge at Research Driven Investing.

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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