During its last trading session, Stock traded with the total exchanged volume of 8.66 million shares. Alternately, if the indicator goes below -80, this may point to the stock being oversold. TPH Asset Management LLC now owns 70,600 shares of the oil and gas company's stock valued at $739,000 after buying an additional 3,200 shares during the period. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.26% of the company's stock. 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 in the last quarter. A common look back period is 14 days. Finally, Wellington Management Group LLP boosted its position in shares of Encana Corp by 337.3% in the first quarter. Stock traders bought 24,974 call options on the stock. FMR LLC raised its stake in shares of Encana Corp by 6.3% in the first quarter. The company's beta value is at 2.03. At the time of writing, Shares the company recently traded 33.75% away 52-week low and noted price movement -30.32% away from the 52-week high level. Encana Corp has a 52 week low of $7.22 and a 52 week high of $13.85. Using a wider time frame to assess the moving average such as the 200-day, may help block out the noise and chaos that is often caused by daily price fluctuations. The company's market capitalization is $10.46 billion.
Analysts await Encana Corp (USA) (NYSE:ECA) to report earnings on July, 20.
The company's Average Earnings Estimate for the Current Fiscal quarter is $0.04, according to consensus of 16 analysts. The business had revenue of $1.30 billion for the quarter, compared to analyst estimates of $789.49 million. Return on Equity (ROE) stands at -2.3% and Return on Investment (ROI) of -9.6 percent. RBC Capital Markets maintained the shares of ECA in report on Monday, September 12 with "Sector Perform" rating.
EPS growth in next year is estimated to reach 113.04% while EPS growth estimate for this year is set at 83.00%. Shareholders of record on Thursday, June 15th will be issued a dividend of $0.015 per share. This percentage is calculated by adding the dividend yield plus the percentage of shares repurchased. The ex-dividend date of this dividend is Tuesday, June 13th.
The Stock has Weekly volatility of 3.69% and monthly volatility of 3.74%. Canaccord Genuity restated a "buy" rating and issued a $14.00 price target on shares of Encana Corp in a report on Saturday, March 11th. Raymond James Financial, Inc. initiated coverage on shares of Encana Corp in a research report on Wednesday, May 31st.More news: Betsy DeVos abandons LGBTQ students, won't protect them from discrimination
Another critical number in evaluating a stock is P/E or the price to earnings ratio. Desjardins set a $13.00 target price on Encana Corp and gave the company a hold rating in a research report on Thursday, April 20th.
A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. Currently, the stock has a 1 Year Price Target of $14.23.
Some buy side analysts are also providing their Analysis on Encana Corporation, where 6 analysts have rated the stock as Strong buy, 11 analysts have given a Buy signal, 8 said it's a HOLD, 3 reported it as Underperform and 0 analysts rated the stock as Sell. The Price to Sales (P/S) ratio of the stock is 2.71, while P/B (Price to Book) stands at 1.44.
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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 producing plays. The Company's operations also include the marketing of natural gas, oil and NGLs.