15 July, 2017
Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance. Previously Encana Corp (NYSE:ECA) reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.08 with surprise factor of 266.7%. GMP Securities restated a hold rating and set a $13.25 price target on shares of Encana Corporation in a research report on Friday, March 31st.
Receive News & Ratings for Encana Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Encana Corporation and related companies with MarketBeat.com's FREE daily email newsletter. They issued an outperform rating and a $15.00 target price for the company.
Encana Corporation (ECA) stock price away from 20 day simple moving average surged at 5.37% while its distance from 50 day simple moving average declined -6.44% along with -17.68% below away from two hundred simple moving averages.
The share price of Encana Corporation (NYSE:ECA) was up +3.16% during the last trading session, with a day high of 9.40. Considering that the stock daily volume of 8.82 million shares, this represents a pretty noteworthy trading in volume size that is above six million trading capacity in last session. The company's market cap is $11.61 billion. TD Securities maintained Encana Corp (TSE:ECA) on Friday, November 18 with "Buy" rating. BlackRock Inc. now owns 21,896,113 shares of the oil and gas company's stock valued at $256,403,000 after buying an additional 21,702,894 shares during the period. Based on an average trading volume of 11,350,281 shares, the short-interest ratio is presently 1.9 days.
Media headlines about Encana Corporation (NYSE:ECA) (TSE:ECA) have trended somewhat positive this week, Accern Sentiment Analysis reports. Its Canadian Operations segment includes the exploration for, development of, and production of natural gas oil and NGLs and other related activities within Canada. Net profit margin of Encana Corporation (ECA) was recorded at -3.9 percent, operating profit margin was -10.7 percent, while gross profit margin stands at 60.9 percent. The Sprott Inc holds 95,000 shares with $1.12 million value, up from 35,000 last quarter. While in the same Quarter Previous year, the Actual EPS was $0.1. The rating was maintained by TD Securities with "Buy" on Friday, November 4. If you are reading this piece on another site, it was illegally stolen and reposted in violation of global copyright and trademark law. The correct version of this piece of content can be read at https://www.thestockobserver.com/2017/07/14/bidaskclub-upgrades-encana-corporation-eca-to-sell.html.
The firm also recently announced a quarterly dividend, which was paid on Friday, June 30th. The ex-dividend date of this dividend was Tuesday, June 13th.
06/30/2017 - Encana Corporation was upgraded to "sector perform" by analysts at Scotiabank.
Hedge funds have recently modified their holdings of the company. Finally, Steadfast Capital Management LP boosted its position in Encana Corporation by 12.2% in the first quarter. Causeway Capital Management LLC now owns 48,768,776 shares of the oil and gas company's stock worth $571,082,000 after buying an additional 23,779,815 shares in the last quarter. Encana Corporation earned a news impact score of 0.07 on Accern's scale. Finally, Point72 Asset Management L.P. raised its stake in shares of Encana Corporation by 145.8% in the first quarter. The company has its outstanding shares of 981.27 Million. Institutional owners hold 67.20% stake in the company.
Encana Corporation is an energy producer that is focused on developing its multi-basin portfolio of natural gas, oil and natural gas liquids (NGLs) producing plays.
A number of other equities analysts have also commented on the company.
