ECA has been the subject of a number of analyst reports.
Other equities research analysts also recently issued reports about the company. Desjardins Securities maintained Encana Corp (USA) (NYSE:ECA) on Friday, March 31 with "Hold" rating. Scotiabank reiterated an "underperform" rating and issued a C$18.00 target price on shares of Encana Corp in a report on Wednesday, May 3rd.
The stock is now moving with a Negative distance from 200-Day Simple Moving Average of about -61.04% and has no so good Year to Date (YTD) Performance of -72.69% which means the stock is constantly adding to its value from previous fiscal year end price.
Encana Corporation (ECA) belonging to the Energy sector has surged 0.98% and closed its last trading session at $9.24. Bocage Capital Llc sold 526,679 shares as Encana Corp (ECA)'s stock declined 8.34%. The firm's 50 day moving average price is $9.75 and its 200-day moving average price is $11.30. The company has market cap of $26.56 million.
Encana Corporation (ECA)'s average Piotroski F-Score: 6 during the last 7 years. Encana Corporation also was the recipient of unusually large options trading on Wednesday. Traders purchased 23,027 call options on the stock. Encana Corp (USA) (NYSE:ECA) has risen 50.13% since July 17, 2016 and is uptrending. The oil and gas company reported $0.11 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.03 by $0.08. The business had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $789.49 million. 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. While in the same Quarter Previous year, the Actual EPS was $0.1.
07/04/2017 - Encana Corporation was upgraded to "strong buy" by analysts at Raymond James.
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04/19/2017 - Encana Corporation had its "overweight" rating reiterated by analysts at Barclays. The stock of Tata Motors Limited (ADR) (NYSE:TTM) earned "Mkt Perform" rating by Bernstein on Friday, September 9. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.66%.
Several hedge funds have recently modified their holdings of the company. For the quarter, shares have been noted at 22.39%. Capstone Asset Management Co. now owns 81,900 shares of the oil and gas company's stock worth $959,000 after buying an additional 670 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Encana Corporation by 17.0% in the first quarter. KBC Group NV now owns 486,688 shares of the oil and gas company's stock valued at $5,699,000 after buying an additional 470,000 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in shares of Encana Corporation by 0.6% in the first quarter. The stock recovered 375.93% since its low point and has performed 75.8% year-to-date. FMR LLC raised its position in Encana Corporation by 6.3% in the first quarter. The Sensato Investors Llc holds 33,000 shares with $1.14 million value, down from 236,900 last quarter. Equity Investment Corp Acquisition Inc now owns 12,330 shares of the oil and gas company's stock worth $144,000 after buying an additional 1,195 shares during the last quarter.