Shares Seesawing on Volume: Octopus Apollo VCT PLC (OAP3.L)
- Author: Zachary Reyes Jun 07, 2017,
Jun 07, 2017, 20:12
The correct version of this story can be viewed at https://www.thecerbatgem.com/2017/06/06/encana-corp-eca-earns-underperform-rating-from-scotiabank-2-updated-updated-updated.html. A total volume of 4.19 million shares were traded versus to average volume of 1.96 million shares.
Encana Corp (ECA) traded up 1.62% on Wednesday, hitting $13.21.
The target price for DDR Corp. The stock was acquired at an average price of $10.65 per share, for a total transaction of $130,995.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Over the last three months, insiders have purchased 28,700 shares of company stock valued at $302,329. BlackRock Inc. now owns 21,896,113 shares of the oil and gas company's stock worth $256,403,000 after buying an additional 21,702,894 shares during the period.
The Stock now has a consensus recommendation of 2.30. Finally, Wellington Management Group LLP boosted its position in shares of Encana Corp by 337.3% in the first quarter. A common look back period is 14 days. FMR LLC now owns 22,080,449 shares of the oil and gas company's stock worth $258,686,000 after buying an additional 1,309,218 shares in the last quarter. Zacks Investment Research lowered shares of Encana Corp from a "buy" rating to a "hold" rating in a report on Thursday, February 16th.
Shares of Encana Corporation (ECA) are trading -30.32% downward from the 52-week high mark and 33.75% above from the fifty two-week low mark. (HLX) shares have been seen trading -53.66% off its 52 week- peak value and changed 14.11% from its 52 week-bottom price value. Encana Corp has a 1-year low of $7.22 and a 1-year high of $13.85. The stock's current distance from 20-Day Simple Moving Average (SMA20) is -10.87% where SMA50 and SMA200 are -12.74% and -14.18% respectively. The company has market cap of $12.68 billion.
TD Securities set a $12.50 price objective on Encana Corp (NYSE:ECA) (TSE:ECA) in a research report report published on Wednesday, May 3rd. The oil and gas company reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.08. Presently, it has a Return on Equity (ROE) of -2.30% and Return on Investment (ROI) of -9.60%. The highest sales estimate is $932.84 million and the lowest is $705.99 million.
Encana Corporation (ECA)'s average Piotroski F-Score: 6 during the last 7 years.
The business also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Thursday, June 15th will be issued a dividend of $0.015 per share. It has a dividend yield of 0.61%. The ex-dividend date is Tuesday, June 13th. The average true range is typically based on 14 periods and may be calculated daily, weekly, monthly, or intraday. As per Wednesday, May 31, the company rating was initiated by Raymond James. They issued an "outperform" rating and a $15.00 target price for the company. TD Securities maintained Encana Corp (TSE:ECA) on Friday, August 19 with "Buy" rating.
General Motors Company was covered by a number of analysts recently, 6 rated the stock as Buy, 11 rated Outperform, 8 rated Hold, 3 gave an Underperform and 0 rated sell. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued.
Among 24 analysts covering Encana Corporation (NYSE:ECA), 16 have Buy rating, 2 Sell and 6 Hold.
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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. All of its reserves and production are located in North America.