NEW YORK, NY / ACCESSWIRE / June 21, 2017 / 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:

Enbridge Inc.
https://ub.rdinvesting.com/news/?ticker=ENB.TO

Suncor Energy Inc.
https://ub.rdinvesting.com/news/?ticker=SU.TO

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

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

Enbridge Inc.'s stock moved 2.02% lower Tuesday, to close the day at $50.06. The stock recorded a trading volume of 2,840,933 shares, which was above its three months average volume of 2,613,830 shares. In the last year Enbridge Inc's shares have traded in a range of 49.61 - 59.19. The stock is currently trading 15.42% below its 52 week high. The company's shares are currently trading below their 200-day moving average. Moreover, the stock's 50-day moving average of $53.46 is below its 200-day moving average of $55.45. Shares of the company are trading at a Price to Earnings ratio of 41.65. Shares of Enbridge have fallen approximately 11.4 percent year-to-date.

Access RDI's Enbridge Research Report at:
https://ub.rdinvesting.com/news/?ticker=ENB.TO

On Tuesday, shares in Suncor Energy Inc. recorded a trading volume of 3,446,532 shares, which was above the three months average volume of 2,585,240 shares. The stock ended the day 2.26% lower at 38.11. The stock is currently trading 15.12% below its 52 week high with a 52 week trading range of 33.76 - 44.90.The company's shares are currently trading below their 200-day moving average. Moreover, the stock's 50-day moving average of $42.12 is greater than its 200-day moving average of $42.02. Shares of the company are trading at a Price to Earnings ratio of 40.89. Shares of Suncor Energy have fallen approximately 13.19 percent year-to-date.

Access RDI's Suncor Energy Research Report at:
https://ub.rdinvesting.com/news/?ticker=SU.TO

Encana Corp.'s stock moved 3.38% lower Tuesday, to close the day at $11.14. The stock recorded a trading volume of 10,319,653 shares, which was above its three months average volume of 4,396,050 shares. In the last year Encana Corp.'s shares have traded in a range of 9.46 - 18.13. The share price has gained 17.76% from its 52 week low. The company's shares are currently trading below their 200-day moving average. Moreover, the stock's 50-day moving average of $13.91 is below its 200-day moving average of $15.38. Shares of Encana have fallen approximately 29.31 percent year-to-date.

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

On Tuesday, shares in Cenovus Energy Inc. recorded a trading volume of 9,445,563 shares, which was above the three months average volume of 5,052,440 shares. The stock ended the day 8.17% lower at 9.44. The stock is currently trading 57.21% below its 52 week high with a 52 week trading range of 9.11 - 22.06.The company's shares are currently trading below their 200-day moving average. Moreover, the stock's 50-day moving average of $12.26 is below its 200-day moving average of $16.31. Shares of Cenovus Energy have fallen approximately 53.5 percent year-to-date.

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

Our Actionable Research on Enbridge Inc. (TSX: ENB), Suncor Energy Inc. (TSX: SU), Encana Corp. (TSX: ECA) and Cenovus Energy Inc. (TSX: CVE) 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 reviewed by Nadia Noorani, CFA® charter holder. 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