Suncor Energy (SU) Shares are Down -1.19%

Suncor Energy (SU) : During the past 4 weeks, traders have been relatively bearish on Suncor Energy (SU), hence the stock is down -6.81% 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 -1.61% relative to the S&P 500. The 4-week change in the price of the stock is -4.49% and the stock has fallen -1.19% in the past 1 week.

Suncor Energy (NYSE:SU): The stock opened at $26.47 on Friday but the bulls could not build on the opening and the stock topped out at $26.62 for the day. The stock traded down to $26.07 during the day, due to lack of any buying support eventually closed down at $26.59 with a loss of -0.15% for the day. The stock had closed at $26.63 on the previous day. The total traded volume was 3,183,971 shares.

The stock has recorded a 20-day Moving Average of 2.29% and the 50-Day Moving Average is 2.52%. Suncor Energy Inc. is up 2.11% in the last 3-month period. Year-to-Date the stock performance stands at 4.8%.

Suncor Energy (SU) stock is expected to deviate a maximum of $3.5 from the average target price of $31.27 for the short term period. 10 Street Experts have initiated coverage on the stock with the most promising target being $37 and the most muted being $24.


Suncor Energy Inc. (Suncor) is an integrated energy company. The Company is focused on developing Canadas petroleum resource basin, Athabasca oil sands. The Company operates in three business segments: Oil Sands, Exploration and Production, and Refining and Marketing. The Companys Oil Sands segment includes Oil Sands operations and Oil Sands ventures operations. Its Exploration and Production segment consists of offshore operations off the east coast of Canada and in the North Sea, and onshore assets in North America, Libya and Syria. The Companys Refining and Marketing segment is engaged in Refining and Supply, and Downstream Marketing. In addition, the Company explores, for, acquires, develops, produces and markets crude oil and natural gas in Canada and internationally. The Company also transports and refines crude oil, and markets petroleum and petrochemical products primarily in Canada.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *