Sumitomo Mitsui Trust Holdings Inc. raised its stake in Encana Corp by 6.3% in the third quarter. For the quarter, shares have been noted at -15.92%. The firm owned 900,674 shares of the oil and gas company's stock after selling 2,195,716 shares during the period. 4,690,354 shares of the company's stock were exchanged. BW Gestao de Investimentos Ltda. boosted its position in Encana Corp by 158.3% in the first quarter. Tracking most recent quarter period, Price to book (P/B) ration is at 1.60 and Price to cash per share ration is at 20.00. Radnor Capital Management LLC acquired a new stake in Encana Corp during the fourth quarter worth approximately $131,000. AMP Capital Investors Ltd now owns 331,189 shares of the oil and gas company's stock valued at $3,349,000 after buying an additional 109,123 shares during the last quarter. Institutional investors and hedge funds own 64.57% of the company's stock.
While taking a look at financials, we can look at a number of key indicators about Encana Corporation (ECA) . Its 52-week high and low range is $3.85 and $7.22, respectively. The firm's 50-day moving average price is $10.90 and its 200-day moving average price is $11.75.
Market Capitalization can be thought of as the overall price to buy the company. Encana Corp also was the recipient of unusually large options trading activity on Wednesday.
The Relative Volume of the company is 0.97 and Average Volume (3 months) is 11.32 million.
Analysts await Encana Corp (TSE:ECA) to report earnings on July, 20.
According to consensus agreement of 13 analysts Encana Corp (USA) (NYSE:ECA) will report earnings per share of $0.04 in their quarterly report and it is expected to announce the company's results on 7/20/17. Presently, it has a Return on Equity (ROE) of -2.30% and Return on Investment (ROI) of -9.60%. The business had revenue of $1.30 billion during the quarter, compared to analysts' expectations of $789.49 million.
Encana Corp (USA) (NYSE:ECA) have shown a low EPS growth of -32.11% in the last 5 years and has earnings growth of 199.30% yoy.More news: Audi announces Q4 SUV and three new e-trons by 2020
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More notable recent Encana Corp (USA) (NYSE:ECA) news were published by: Fool.ca which released: "Encana Corp.: Upcoming Earnings Signal That the Company Is Still Hot" on January 18, 2017, also Fool.ca with their article: "Will Encana Corp". This represents a $0.06 annualized dividend and a yield of 0.60%. The ex-dividend date is Tuesday, June 13th. Encana Corp's payout ratio is -3.97%.
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Encana Corp (NYSE:ECA) opened at 10.75 on Friday. BMO Capital Markets set a $13.00 price objective on shares of Encana Corp and gave the company a "buy" rating in a report on Tuesday, May 2nd.
Among 23 analysts covering Encana Corporation (NYSE:ECA), 15 have Buy rating, 2 Sell and 6 Hold. The firm has "Buy" rating given on Thursday, October 6 by Deutsche Bank. The stock of Encana Corp (USA) (NYSE:ECA) earned "Hold" rating by Desjardins Securities on Friday, March 31. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company's stock. On October 11 the company was upgraded to "Overweight" from "Equalweight" with a current price target of $14.00 in a report issued by Barclays. The shares were acquired at an average price of C$14.33 per share, for a total transaction of C$153,331.00. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. In the last ninety days, insiders have purchased 29,700 shares of company stock worth $312,119.
About Encana Corp 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.
The company has been one of the biggest innovators in "Major Integrated Oil & Gas" employing approximately 2200 full time employees.