Encana Corp Just Recorded A Sigfniciant Decline


The stock of Encana Corp (TSE:ECA) is a huge mover today! About 5.55 million shares traded hands or 14.43% up from the average. Encana Corp (TSE:ECA) has risen 116.67% since February 5, 2016 and is uptrending. It has outperformed by 100.18% the S&P500.
The move comes after 6 months negative chart setup for the $10.67 billion company. It was reported on Sep, 13 by Barchart.com. We have $11.67 PT which if reached, will make TSE:ECA worth $746.90M less.

Out of 4 analysts covering Encana Corporation (TSE:ECA), 1 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 25% are positive. Encana Corporation has been the topic of 10 analyst reports since September 15, 2015 according to StockzIntelligence Inc.

Encana Corp is a Canada-based energy producer, which is engaged in the business of exploration, development, production and marketing of natural gas, oil and natural gas liquids . The company has a market cap of $10.67 billion. The Company’s activities also include the marketing of natural gas, oil and NGLs. It currently has negative earnings. All of its reserves and production are located in North America.

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