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MEG Energy inches higher, resistance at 12-day EMA November 06, 2018 17:00 EST

Nov 06, 2018 - News Bites Canadian Markets


MEG Energy Corp. (TSX:MEG), Canada's 8th largest Oil & gas - exploration & production company by market cap, has increased 0.4% but fell short of the 12-day Exponential Moving Average [EMA] of CAD10.24. Compared with the S&P/TSX 60 Index which rose 4.7 points (0.5%) in the day, the relative price change was -0.1%. The volume was 0.5 times the average daily trading volume of 2.4 million shares. MEG Energy's stock last traded at CAD10.15. Its MCap is CAD3 billion ...