Pengrowth Energy Corporation (PGH) Shares are Down -12.07%

Pengrowth Energy Corporation (PGH) : During the past 4 weeks, traders have been relatively bearish on Pengrowth Energy Corporation (PGH), hence the stock is down -19.03% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -12.61% relative to the S&P 500. The 4-week change in the price of the stock is -13.56% and the stock has fallen -12.07% in the past 1 week.

Pengrowth Energy Corporation (NYSE:PGH): The stock opened at $1.51 on Friday but the bulls could not build on the opening and the stock topped out at $1.55 for the day. The stock traded down to $1.49 during the day, due to lack of any buying support eventually closed down at $1.53 with a loss of -1.29% for the day. The stock had closed at $1.55 on the previous day. The total traded volume was 1,414,547 shares.


The stock has recorded a 20-day Moving Average of 12.72% and the 50-Day Moving Average is 14.8%. Pengrowth Energy Corporation is up 4.08% in the last 3-month period. Year-to-Date the stock performance stands at 109.59%.

Pengrowth Energy Corporation is engaged in the production, development, exploration and acquisition of oil and natural gas assets. The Company is focused on further developing the Lindbergh Thermal Project, located in East Central Alberta, near Cold Lake. The Companys principal conventional operations include Greater Olds/Garrington Area, where the Company holds a continuous land base with over 800 gross sections of Cardium-access rights, infrastructure and operatorship; Swan Hills Trend, a conventional oil resource , which provides it with opportunities to put its technical experience of carbonate reservoirs to work on its operated interests in Judy Creek, Carson Creek, Deer Mountain, Virginia Hills and Sawn Lake, where Pengrowth has control of the infrastructure and Bernadet Montney, where it has more than 50 gross sections of Montney land with liquids content.

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