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Morning Alert: Perpetual Energy continues significant downtrend; decreases 0.7% 03 March 2017 11:21 EST

Mar 3, 2017 - News Bites Canadian Markets


Perpetual Energy Inc. (TSX:PMT), Canada's 58th largest Oil & gas - exploration & production company by market cap, has jumped 8.5% after hitting the lower Bollinger Band twice in the last ten days. This is a bullish signal. The lower Bollinger Band marks the trajectory of support on a stock price. The stock price has jumped 13.0c (8.5%) from its last trading session of March 02 to close at CAD1.66. Compared with the S&P/TSX 60 Index which rose 4.4 points (0.5%)

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