Encana Corp (TSE:ECA) (NYSE:ECA) insider Joanne Linette Alexander purchased 2,500 shares of the business’s stock in a transaction on Wednesday, November 7th. The stock was acquired at an average price of C$11.60 per share, for a total transaction of C$29,000.00.
Encana stock traded up C$0.02 during midday trading on Thursday, reaching C$11.49. The company’s stock had a trading volume of 4,151,595 shares, compared to its average volume of 3,661,362. 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 cut Encana from an “outperform” rating to a “sector perform” rating in a research note on Friday, November 2nd.
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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