Canadian stock alert

CANA

CLOSING UPDATE: Dundee Energy plummeted 33.3% on spectacular volume 21 July 2017 18:19 EDT

NEWS BITES - NORTH AMERICA

This is an end of day Alert, produced after today's Canadian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Dundee Energy, Canada's 140th largest oil & gas - exploration & production company by market capitalisation, traded on heavy volume of 5.0 times average today while the price plummeted 0.50c (or 33.3%) to trade at 1.0c. Compared with the S&P/TSX 60 Index which fell 4.9 points (or 0.6%) in the day, this represented a relative price change of -32.8%.

Technical indicators complementing today's significant downtrend:

+ The stock has underperformed 99% of the Canadian market over the past 6 months.

+ In the last three months the stock has hit a new 52-week low thirty times, pointing to a significant downtrend.

+ The present value of CAD1,000 invested one year ago is CAD333 [vs CAD1,056 for the S&P/TSX 60 Index].

Note

Dundee Energy today is at a discount of 81.8% to the 12-month high of 5.50c on 06 Dec, 2016. It is at a premium of 100.0% to the 12-month low of 0.50c on 04 Jul, 2017.

TODAY'S ALERTS

Afternoon Alert: Dundee Energy plummets 33.3% on high volume

21 July 2017 14:51 EDT

Dundee Energy Limited (TSX:DEN) traded on heavy volume of 2.2 times average so far today while the price plummeted 0.50c (or 33.3%) to trade at 1.0c.

Afternoon Alert: Dundee Energy plummets 33.3% on robust volume

21 July 2017 12:19 EDT

Dundee Energy Limited (TSX:DEN) traded on heavy volume of 1.8 times average so far today while the price plummeted 0.50c (or 33.3%) to trade at 1.0c.

RECENT ALERTS

CLOSING UPDATE: Dundee Energy soared 50.0%

20 July 2017 18:20 EDT

Dundee Energy, Canada's 133rd largest oil & gas - exploration & production company by market capitalisation, traded on volume of 0.2 times average today while the price soared 0.50c (or 50.0%) to trade at 1.50c. Compared with the S&P/TSX 60 Index which rose 2.3 points (or 0.2%) in the day, this represented a relative price increase of 49.8%.

Afternoon Alert: Dundee Energy soars 50.0% on firm volume

20 July 2017 14:48 EDT

Dundee Energy Limited (TSX:DEN) traded on heavy volume of 1.1 times average so far today while the price soared 0.50c (or 50.0%) to trade at 1.50c.

Dundee Energy Limited (T:DEN; TSE:DEN; N:DEN; CN:DEN)

ISIN: CA26518Q1028

PermID: 4295862227

CIK: Dundee Energy Limited

Source: www.BuySellSignals.com