Suncor Energy Inc. (SU:CA) Paces TSX Composite Energy Laggards with Loss of 1.4% on April 27

Suncor Energy Inc. (SU:CA) was one of the worst stocks in energy sector of the S&P/TSX Composite Index on April 27, slipping 1.4% to close the day at $41.63 after closing the day prior at $42.22. Throughout the day, shares of SU:CA traded as high as $42.46 and as low as $41.63. Today's stock decline came with about 2.55 million shares changing hands, compared to an average 30-day volume of 2.68 million for Suncor Energy Inc.. The price is currently below the 30-day volume weighted average price of $42.02 for SU:CA. The share depreciation gives the company a market capitalization of $70.47 billion based upon 1.67 billion shares outstanding. It also means that Suncor Energy In has a price-to-book ratio of 1.58:1 and a price-to-earnings ratio of 156.4:1. In the past 52 weeks, shares of SU:CA have traded as low as $32.69 and as high as $44.9. Technical traders will take note that at $41.63, shares of SU:CA are trading above their 200-day MA at $39.19 and above their 50-day MA at $41.25. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move beneath or holding under them is typically regarded as bearish. Who is Suncor Energy In? Suncor Energy Inc is an integrated energy company. Its operations include developing petroleum resource basin, Canada's Athabasca oil sands. It explores for, acquires, develops, produces & markets crude oil & natural gas in Canada and internationally. The company’s 12837 employees are led by CEO Steven W. Williams from the corporate headquarters at 150 -6th Avenue South West. What is the S&P/TSX Composite Index? Developed and managed by S&P Dow Jones Indices and launched in January 1977, the S&P/TSX Composite is the headline index for the Canadian equity market. Generally, when investors refer to movement in the Canadian markets, they are referring to the S&P/TSX Composite, as it is the broadest index in the S&P/TSX franchise. The index includes more than 230 of the biggest companies traded on the Toronto Stock Exchange, with financials making up the most heavily weighted sector in the index, followed by energy and materials. The Toronto Stock Exchange serves as the distributor of both real-time and historical data for this index. For more information on Suncor Energy In and other companies trading on the major exchanges, as well as the over the counter markets, or to be considered for contributing content for our distribution network, visit FinancialPress.com today. All data provided by QuoteMedia, with stock data accurate as of 4:00 PM ET. FinancialPress.com is not responsible for inaccuracies in third-party supplied information. About FinancialPress.com FinancialPress.com is a leading publisher of market and investment news, commentary, proprietary research and videos from seasoned journalists, analysts and contributors covering the financial markets and global economies. Leveraging our extensive distribution network and social media presence, we have cultivated a valuable audience of engaged market enthusiasts, which in turn delivers a variety of unique opportunities for industry partnerships, corporate communications, market exposure and investment. A complete disclaimer can be viewed here. If you like this article, you can read more at FinancialPress.com