Encana Corporations in-depth stock price analysis indicates that the stock price has rallied 9.59% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 29.03% . Looking at the past 52 week period, the stock price is up at 261.58% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Encana Corporation has a positive value of 92.78 compared to overall market. Stocks of Encana Corporation (NYSE:ECA) rallied by 2.07% during the past week but lost 1.92% on a 4-week basis. The company has outperformed the S&P 500 by 1.25% in the past week but underperformed the index by 3.67% in the last 4 weeks.
Encana Corporation (NYSE:ECA) : On Friday heightened volatility was witnessed in Encana Corporation (NYSE:ECA) which led to swings in the share price. The stock opened for trading at $12.89 and hit $13.04 on the upside , eventually ending the session at $12.8, with a gain of 1.59% or 0.2 points. The heightened volatility saw the trading volume jump to 10,920,618 shares. The 52-week high of the share price is $13.85 and the company has a market cap of $12,454 million. The 52-week low of the share price is at $3 .
Encana Corporation (USA) Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.37 EPS for the quarter, beating the analyst consensus estimate by $ 0.40. Analyst had a consensus of $-0.03.Analysts expectations of $ 716.76.During the same quarter in the previous year, the company posted $-0.03 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Encana Corporation (USA) was Upgraded by Macquarie to Outperform on Jan 24, 2017. Encana Corporation (USA) was Upgraded by Societe Generale to Hold on Jan 11, 2017. Encana Corporation (USA) was Downgraded by KLR Group to Accumulate on Nov 28, 2016.
EnCana Corporation is one of the worlds largest independent natural gas producers and gas storage operators.