The stock has a 50-day moving average price of $10.90 and a 200-day moving average price of $11.75. Deutsche Bank maintained it with " rating and $11 target in Friday, November 13 report. RBC Capital Markets maintained the shares of ECA in report on Thursday, February 25 with "Sector Perform" rating. Societe Generale upgraded the stock to "Hold" rating in Wednesday, January 11 report. Analysts have a mean recommendation of 2.30 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The firm has "Buy" rating by Jefferies given on Thursday, October 6.
Shares of Encana Corp (NYSE ECA) traded down 1.63% during midday trading on Friday, hitting $9.66. The company's stock had a trading volume of 17,018,771 shares. The total market capitalization remained at $9.25 billion.
The share of Encana Corporation (ECA) now has a value of $9.82 while the company's 52 week low is at $7.22, the shares dropped to the 52 week low on 06/27/16. Encana Corp also was the target of unusually large options trading activity on Wednesday. Stock traders acquired 24,974 call options on the company. Hedge funds and other institutional investors own 64.57% of the company's stock.
Encana Corp (NYSE:ECA) last released its quarterly earnings data on Tuesday, May 2nd. They expect $0.05 earnings per share, down 50.00 % or $0.05 from last year's $0.1 per share. Encana Corp had a positive return on equity of 1.79% and a negative net margin of 40.77%. The firm had revenue of $1.30 billion during the quarter, compared to analyst estimates of $789.49 million.More news: Chris Woakes out of ICC Champions Trophy with side strain
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While looking at the Stock's Performance, Encana Corporation now shows a Weekly Performance of -10.4%, where Monthly Performance is -7.27%, Quarterly performance is -13.86%, 6 Months performance is -13.17% and yearly performance percentage is 23.52%.
The business also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Investors of record on Thursday, June 15th will be given a $0.015 dividend. This represents a $0.06 annualized dividend and a dividend yield of 0.61%. The ex-dividend date of this dividend is Tuesday, June 13th. The original version of this article can be viewed at https://www.themarketsdaily.com/2017/06/02/canada-pension-plan-investment-board-raises-position-in-encana-corp-eca-updated.html. If you are accessing this piece on another publication, it was stolen and republished in violation of worldwide copyright and trademark legislation.
Key Group Holdings Cayman Ltd decreased Encana Corp (ECA) stake by 83.56% reported in 2016Q4 SEC filing. The shares were purchased at an average cost of C$14.33 per share, with a total value of C$153,331.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In the last 90 days, insiders have acquired 26,200 shares of company stock valued at $370,896.
Several research analysts recently issued reports on the company. BlackRock Inc. raised its stake in Encana Corp by 11,232.3% in the first quarter. The company is set at a mean analysts' recommendation of 2.00. Lone Pine Capital LLC acquired a new stake in Encana Corp during the fourth quarter worth $245,230,000. Equity Investment Corp Acquisition Inc bought a new position in shares of Encana Corp during the fourth quarter worth approximately $131,000. The company has grown 20.37% in past 3 months and in the last five trades has moved down -0.76%.