Great Value Picks Now: Encana Corporation (ECA), Regions Financial Corporation (RF)

Here’s what’s interesting to note about Encana Corporation (NYSE:ECA) right now: Its price-to-sales ratio of 2.36, is cheap relative to the Major Integrated Oil & Gas universe at large. The broad Major Integrated Oil & Gas industry has an average P/S ratio of 77.38, which is significantly worse than the sector’s 17.92. In the past 13-year record, this ratio went down as low as 0.56 and as high as 3.99. Also, it is up from 57% of the total 402 rivals across the globe.

ECA traded at an unexpectedly high level on 05/04/2018 when the stock experienced a 4.41% gain to a closing price of $11.12. The company saw 9.8 million shares trade hands over the course of the day. Given that its average daily volume over the 30 days has been 8.94 million shares a day, this signifies a pretty significant change over the norm.

Encana Corporation (ECA) Analyst Gushes

Analysts are speculating a 70.86% move, based on the high target price ($19) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $15.38 price target, but the stock is already up 38.83% from its recent lows. However, the stock is trading at -22.29% versus recent highs ($14.31). Analysts believe that we could see stock price minimum in the $9 range (lowest target price), allowing for another -19.06% drop from its current position. Leading up to this report, we have seen a 2.58% rise in the stock price over the last 30 days and a -19.42% decline over the past 3 months. Overall, the share price is down -16.58% so far this year. Additionally, ECA had a day price range of $10.64 to $11.24.

Encana Corporation (ECA) Price Potential

Heading into the stock price potential, Encana Corporation needs to grow just 43.88% to cross its median price target of $16. In order to determine directional movement, the 50-day and 200-day moving averages for Encana Corporation (NYSE:ECA) are $10.98 and $11.77. Given that liquidity is king in short-term, ECA is a stock with 973.1 million shares outstanding that normally trades 1.17% of its float. The stock price recently experienced a 5-day gain of 5.7% with 0.5 average true range (ATR). ECA has a beta of 2.02 and RSI is 50.92.

Investors also need to beware of the Regions Financial Corporation (NYSE:RF) valuations. The stock trades on a P/S of 3.73, which suggests that the shares are attractive compared with peers. The broad Regional – Southeast Banks industry has an average P/S ratio of 6.33, which is significantly better than the sector’s 285.7. In the past 13-year record, this ratio went down as low as 0.29 and as high as 4.21. Also, it is down from 62% of the total 1570 rivals across the globe.

Regions Financial Corporation (RF)’s Lead Over its Technicals

Regions Financial Corporation by far traveled 44.92% versus a 1-year low price of $13.00. The share price was last seen 0.43% higher, reaching at $18.84 on May. 04, 2018. At recent session, the prices were hovering between $18.72 and $18.99. This company shares are 6.42% off its target price of $20.05 and the current market capitalization stands at $21.5B. The recent change has given its price a -1.77% deficit over SMA 50 and -6.78% deficit over its 52-week high. The stock witnessed -5.33% declines, 8.28% gains and 24.19% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found RF’s volatility during a week at 2.82% and during a month it has been found around 2.65%.

Regions Financial Corporation (NYSE:RF) Intraday Metrics

Regions Financial Corporation (RF) exchanged hands at an unexpectedly high level of 7.05 million shares over the course of the day. Noting its average daily volume at 11.38 million shares each day over the month, this signifies a pretty significant change over the norm.

Regions Financial Corporation Target Levels

The market experts are predicting a 16.77% rally, based on the high target price ($22) for Regions Financial Corporation shares that is likely to be hit in the 52 weeks. Analysts anticipate that traders could see stock price minimum in the $15 range (lowest target price). If faced, it would be a -20.38% drop from its current position. Overall, the share price is up 9.03% year to date.

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