August 24, 2018 - 8:00 AM EDT
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Today's Research Reports on Methane, Canadian Pacific Railway, Major Drilling Group and Canfor

NEW YORK, NY / ACCESSWIRE / August 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:

Methanex Corporation
https://rdinvesting.com/news/?ticker=MX.TO

Canadian Pacific Railway Limited
https://rdinvesting.com/news/?ticker=CP.TO

Major Drilling Group International Inc.
https://rdinvesting.com/news/?ticker=MDI.TO

Canfor Corporation
https://rdinvesting.com/news/?ticker=CFP.TO

Methanex's stock edged 0.38% lower Thursday, to close the day at $96.23. The stock recorded a trading volume of 164,844 shares, which was below its three months average volume of 241,106 shares. In the last year, Methanex's shares have traded in a range of 56.68 - 97.85. The share price has gained 69.78% 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 $92.84 is greater than its 200-day moving average of $84.48. Shares of the company are trading at a Price to Earnings ratio of 21.18. Shares of Methanex have gained approximately 26.35 percent year-to-date.

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

On Thursday, shares of Canadian Pacific Railway recorded a trading volume of 173,810 shares, which was below the three months average volume of 265,439 shares. The stock ended the day 0.65% higher at 268.22. The share price has gained 41.49% from its 52 week low with a 52 week trading range of 189.57 - 269.56. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $255.00 is greater than its 200-day moving average of $239.22. Shares of Canadian Pacific Railway Ltd. are trading at a Price to Earnings ratio of 17.06. Shares of Canadian Pacific Railway have gained approximately 17.39 percent year-to-date.

Access RDI's Canadian Pacific Railway Limited Research Report at:
https://rdinvesting.com/news/?ticker=CP.TO

Major Drilling Group's stock moved 1.56% lower Thursday, to close the day at $5.04. The stock recorded a trading volume of 61,996 shares, which was below its three months average volume of 63,954 shares. In the last year, Major Drilling Group's shares have traded in a range of 5.00 - 8.14. The stock is currently trading 38.08% below its 52 week high. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $6.00 is below its 200-day moving average of $6.52. Shares of Major Drilling Group have fallen approximately 28.71 percent year-to-date.

Access RDI's Major Drilling Group International Inc. Research Report at:
https://rdinvesting.com/news/?ticker=MDI.TO

On Thursday, shares of Canfor recorded a trading volume of 266,376 shares, which was below the three months average volume of 314,754 shares. The stock ended the day 1.42% lower at 30.51. The share price has gained 45.49% from its 52 week low with a 52 week trading range of 20.97 - 34.04. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $29.90 is below its 200-day moving average of $30.44. Shares of the company are trading at a Price to Earnings ratio of 8.22. Shares of Canfor have gained approximately 23.12 percent year-to-date.

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

Our Actionable Research on Methanex Corporation (TSX: MX.TO) and Canadian Pacific Railway Limited (TSX: CP.TO) and Major Drilling Group International Inc. (TSX: MDI.TO) and Canfor Corporation (TSX: CFP.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


Source: ACCESSWIRE Investor Awareness (August 24, 2018 - 8:00 AM EDT)

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