Encana Corporation (NYSE:ECA)'s short interest is 9.83 million shares, or 1.12% of the float. The shares were bought at an average cost of $11.16 per share, for a total transaction of $111,600.00. Financial Counselors Inc.'s holdings in Encana were worth $2,403,000 as of its most recent SEC filing. Analysts study insider data to get a sense of sense of what key shareholders think about the outlook for a particular stock. Castleark Management LLC lifted its holdings in shares of Encana by 15.5% in the fourth quarter. Dynamic Technology Lab Private Ltd acquired a new position in Encana during the 2nd quarter worth about $280,000. The stock is now has its Return on Assets (ROA) value of 1.4 Percent. The stock increased 20.94% or $0.0379 during the last trading session, reaching $0.2189. The Manufacturers Life Insurance Company increased its holdings in Encana by 58.4% in the fourth quarter. Its beta value stands at 2.12. Short interest, which represents the number of a stock's shares now being shorted, captures what the market as a whole feels about a stock.
Several institutional investors have recently made changes to their positions in ECA. Commerce Bank bought a new stake in Encana during the third quarter worth approximately $118,000. The stock traded within a range of $10.88 and $11.20. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. The stock was purchased at an average price of $10.62 per share, with a total value of $53,100.00. The disclosure for this purchase can be found here. Insiders have acquired 20,000 shares of company stock worth $219,410 over the last three months. Altacorp maintained Encana Corporation (NYSE:ECA) rating on Sunday, July 23. Jvl Advisors Llc who had been investing in Encana Corp for a number of months, seems to be less bullish one the $10.74 billion market cap company.
On the other hand Encana Corp (NYSE:ECA) has Relative Strength Index (RSI 14) of 43.02 along with Average True Range (ATR 14) of 0.49. Earnings surprises can have a huge impact on a company's stock price.
Encana announced that its board has authorized a stock repurchase plan on Thursday, February 15th that allows the company to repurchase $400.00 million in shares. On Tuesday, January 16 the stock rating was maintained by RBC Capital Markets with "Buy". Shares repurchase plans are typically a sign that the company's management believes its shares are undervalued.
Sam Darnold: Will not throw at NFL Combine
At the same time, none of the quarterback-needy teams are going to Indianapolis to see Darnold's vertical leap or bench press. Darnold threw for 4,143 yards on 63.1 percent passing with 26 touchdowns and 13 interceptions as a sophomore last season.
Amy Schumer says marriage to Chris Fischer feels good
And, though she says husband Chris Fischer's words topped hers, her company on the radio disagreed. Sounds like a promising start. "It feels f-king good", she continued about married life.
Metal Gear Survive review | Tense and intriguing, but marred by frustration
The reports also indicate that the game ranked in at 65th place on Steam and garners around 4,000 to 5,000 players a day. Servers were inaccessible at launch until a patch rolled out, locking players out of the game for up to two days.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Thursday, March 15th will be given a dividend of $0.015 per share. Also, Director Suzanne P. Nimocks acquired 5,000 shares of the business's stock in a transaction dated Wednesday, February 21st. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.43%. Encana's dividend payout ratio (DPR) is presently 5.94%. Finally, Royal Bank of Canada upped their price target on shares of Encana from $15.00 to $16.00 and gave the company an "outperform" rating in a research report on Tuesday, January 16th.
GMP Securities reissued their buy rating on shares of Encana (NYSE:ECA) (TSE:ECA) in a report released on Friday morning.
Looking at the Analyst Recommendations of the stock, 9 Analysts issued a Buy for MoSys, 17 gave Outperform, 2 analysts gave Hold Rating, 0 issued Underperform and 0 marked the stock as Sell. Two investment analysts have rated the stock with a sell rating, nineteen have issued a buy rating and two have issued a strong buy rating to the company. The most optimistic analyst sees the stock reaching $22 while the most conventional has $11.02 target price.
TRADEMARK VIOLATION NOTICE: This article was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this news story on another publication, it was copied illegally and republished in violation of worldwide trademark & copyright legislation. Encana Corp now has $10.83B valuation.
Recommended News
-
01 March 2018Captain Marvel casts Gemma Chan as Minn-Erva
Now we'll get a bit spoilery from here on out, so if you don't want to know any more about that character, peace out now. The green-skinned Skrulls first entered the Marvel Comics canon in 1961's Fantastic Four #2.
01 March 2018Iowa is the best state, says US News & World Report
On one of those "still winter, but feels like spring" afternoons, Minnesotans answered the call to be outside. People applauded the light rail and bus systems but some pumped the brakes on grading Metro highways.United States Air Conditioners Market 2018- Carrier, Daikin, LG, Panasonic, York, Hitachi
Which is Trending factors prompting the market sharesof the North America , Europe , China, Japan, and Southeast Asia, India. Introduction of Automobile Air Purifier Market: Brief Introduction, development status of Automobile Air Purifier. -
01 March 2018Simon to take on Jacinda and Winston
He thanked Mr English, and said the party was "truly" blessed to have such good candidates. In a statement on Twitter, Simon Bridges shared his ambitions.Pinnacle Associates Ltd. Grows Holdings in Kinder Morgan Inc (KMI)
The insider now directly owns 277,527 shares worth $4,720,734. 111,429 are held by Goldman Sachs Gru Incorporated. (NYSE:STI). It is positive, as 9 investors sold ICD shares while 19 reduced holdings. 69 funds opened positions while 257 raised stakes.Walmart (WMT) Given a $96.00 Price Target at BMO Capital Markets
Since October 10, 2017, it had 0 buys, and 1 insider sale for $2.37 million activity. (NYSE:WMT) rating on Friday, February 16. It is negative, as 33 investors sold LKQ shares while 175 reduced holdings. 72 funds opened positions while 122 raised stakes. -
01 March 2018What's in the IV bag? Studies show safer options than saline
Saline, used in medicine for more than a century, contains high concentrations of sodium chloride, which is similar to table salt. Timothy Buchman, of Emory Healthcare in Atlanta, who was not involved with the study, expects more doctors to switch to fluids.
01 March 2018Man wanted in 4 Detroit slayings kills himself in Perrysburg
Davis has been out on parole since 2016, after being convicted in 2011 for receiving a and concealing a stolen vehicle. During the attack, he returned to his vehicle to reload or get another handgun before he resumed firing, she said.Man posing as rideshare driver charged with sexually assaulting 7 women
The plaintiff, listed as Jane Doe in the case, said that McCoy repeatedly sexually assaulted her during a ride in July 2017. Some of the attacks occurred in Beverly Hills, West Hollywood, Alhambra and Los Angeles, according to prosecutors. -
01 March 2018ITV profits drop amid 'challenging' advertising market
The business has more than 60% of this year's expected revenue already booked. Pretax profit fell to GBP500 million from GBP553 million the year before.Google gets 2.4 mn URL removal requests under new European Union laws
Google's latest report already includes this information, which shows that 89 percent of requests come from private individuals. Currently, " professional information " tops the list, with 24 percent of removal requests being for professional purposes.
01 March 2018BJP's Swamy gets silly on Sridevi's death
He added that we must also focus on the relation between "cinema actresses" and underworld don Dawood Ibrahim. He is the second politician after Amar Singh to speak about Sridevi's death in a sensational language.
