A popular tool to use when performing technical analysis on a stock is the 200 Day Simple Moving Average (SMA). This value is the average share price of a company over the previous 200 trading days. It is often seen as a trend setter for a particular security, tracking the general direction the stock is taking. When a company’s share price moves above its 200 Day SMA it might hint at a potential upward trend, which could be the case for these five Canada-listed names.
Catalyst Paper Corp. (TSX: CYT) – $3.47
Paper Products
Catalyst Paper Corporation is a producer of mechanical printing paper in western North America. The Company also produces Northern Bleached Softwood Kraft (NBSK) pulp, which is marketed in Asia. As well, it manufactures coated mechanical paper and soft-calendered (SC) paper in western North America. Its customers include retailers, publishers, commercial printers, and manufacturers. Catalyst Paper operates three mills in British Columbia (B.C.) in Crofton, Port Alberni and Powell River, and a distribution facility on Canada’s Pacific coast. The Company operates in three segments: specialty printing papers, newsprint, and pulp.
- Market Cap: $50,552,697
- Price Change (1 year): +16%
- 200-Day SMA: $3.44
Newfoundland Capital Corporation Ltd. (TSX: NCC.A) – $8.80
Broadcasting
Newfoundland Capital Corporation Limited is a Canada-based pure-play radio company that owns and operates Newcap Radio, radio broadcasters with 95 licenses across Canada. The Company reaches listeners through various formats and is engaged in radio programming, sales and networking. The Company’s radio assets includes 80 FM and 15 AM licenses, which are heard throughout Canada. The Company’s stations are accessible via the Internet and mobile devices applications.
- Market Cap: $256,278,956
- Price Change (1 year): +2%
- 200-Day SMA: $8.72
Pizza Pizza Royalty Corp. (TSX: PZA) – $14.16
Restaurants & Bars
Pizza Pizza Royalty Corp. is a Canada-based pizza quick service brand that provides a high level of service and operational support to restaurant operators, including turn-key restaurants, a central food distribution center that supplies all food and non-food items used in Pizza Pizza restaurant operations, and monitoring systems. The Pizza Pizza network, including Pizza73, is composed of more than 600 traditional and non-traditional restaurants coast to coast. Each restaurant is operated by a corporation, with 72 jointly-owned by PPL and an independent owner/operator and a corporate restaurant.
- Market Cap: $349,578,555
- Price Change (1 year): +4%
- 200-Day SMA: $14.06
Cascades Inc. (TSX: CAS) – $6.90
Paper Packaging
Cascades Inc. (Cascades), along with its subsidiaries, produces, converts and markets packaging and tissue products composed mainly of recycled fibers. The Company operates in segments including containerboard (packaging products), boxboard Europe (packaging products), specialty products (packaging products), and tissue papers.
- Market Cap: $652,076,109
- Price Change (1 year): +13%
- 200-Day SMA: $6.85
Khan Resources Inc. (CSE: KRI) – $0.43
Uranium
Khan Resources Inc. is a Canada-based company engaged in the development of the Dornod uranium property in Mongolia. In June 2009, Mongolia and Russia announced its intention to form a new Mongolian-Russian joint venture to replace the Company in mining Dornod.
- Market Cap: $32,497,454
- Price Change (1 year): +32%
- 200-day SMA: $0.43
