Encana Corp (TSE:ECA) (NYSE:ECA) insider Joanne Linette Alexander purchased 2,500 shares of the business’s stock in a transaction dated Wednesday, November 7th. The shares were purchased at an average price of C$11.60 per share, with a total value of C$29,000.00.
ECA stock opened at C$11.67 on Friday. The company has a debt-to-equity ratio of 68.52, a quick ratio of 0.66 and a current ratio of 0.73. Encana Corp has a fifty-two week low of C$11.03 and a fifty-two week high of C$18.54.
Separately, AltaCorp Capital downgraded Encana from an “outperform” rating to a “sector perform” rating in a research note on Friday, November 2nd.
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Encana Corporation, together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. The company holds interests in various assets, including the Montney in northern British Columbia and northwest Alberta; Duvernay in west central Alberta; and other upstream operations comprising Wheatland in southern Alberta, Horn River in northeast British Columbia, and Deep Panuke located in offshore Nova Scotia in Canada.
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