Momentum U.S Stocks in Focus Encana (NYSE:ECA), Staples, (NASDAQ:SPLS), Biogen (NASDAQ:BIIB)

Momentum U.S Stocks in Focus Encana (NYSE:ECA), Staples, (NASDAQ:SPLS), Biogen (NASDAQ:BIIB)

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Encana Corporation (USA) (NYSE:ECA)

 

On Tuesday, Encana Corporation (USA) (NYSE:ECA)’s shares declined -1.44% to $8.22.

ECA is currently valued at $7.07 billion. The company has 845.67 million shares outstanding and 67.20% shares of the company were owned by institutional investors. The company has 1.05 value in price to sale ratio while price to book ratio was recorded as 0.88. The company exchanged hands with 11.80 million shares as compared to its average daily volume of 12.40 million shares. It beta stands at 1.45.

The mean estimate for the short term price target for Encana Corporation (USA) (NYSE:ECA) stands at $11.20 according to 25 Analysts. The higher price target estimate for the stock has been calculated at $20.00 while the lower price target estimate is at $8.00.

Analysts mean recommendation for the stock is 2.40. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Encana Corporation is engaged in the business of the exploration, development, production and marketing of natural gas, oil and natural gas liquids (NGLs).

Staples, Inc. (NASDAQ:SPLS)

 

Staples, Inc. (NASDAQ:SPLS)’s shares dropped -2.05% to $12.45.

SPLS offered 99.30% EPS for prior five years. The company has 0.90% return on equity value while its ROI ratio was 2.70%. The company has $8.13 billion market capitalizations and the institutional ownership was 99.30%. Its price to book ratio was 1.53. Volatility of the stock was 3.54% for the week while for the month booked as 2.88%.

The mean estimate for the short term price target for Staples, Inc. (NASDAQ:SPLS) stands at $18.15 according to 13 Analysts. The higher price target estimate for the stock has been calculated at $23.00 while the lower price target estimate is at $14.00.

Analysts mean recommendation for the stock is 2.40. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Staples, Inc. is a provider of products and services that serve the needs of business customers and consumers. The Company offers a selection of products, such as Websites and mobile platforms, retail and online shopping and a range of copy and print and technology services.

Biogen Inc (NASDAQ:BIIB)

 

At the end of Tuesday’s trade, Biogen Inc (NASDAQ:BIIB)‘s shares dipped -1.42% to $279.49.

BIIB has beta value of 0.87. The company has the market capitalization of $63.32 billion. Return on assets ratio of the company was 21.50% while its return on equity ratio was 31.60%. ATR value of company was 9.59 while stock volatility for week was 2.88% while for month was 3.54%. Debt to equity ratio of the company was 0.62 and its current ratio was 3.50.

The mean estimate for the short term price target for Biogen Inc (NASDAQ:BIIB) stands at $365.79 according to 14 Analysts. The higher price target estimate for the stock has been calculated at $450.00 while the lower price target estimate is at $266.00.

Analysts mean recommendation for the stock is 2.10. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Biogen Inc., formerly Biogen Idec Inc., is a global biopharmaceutical company. The Company is focused on discovering, developing, manufacturing and delivering therapies for neurological, autoimmune and hematologic disorders.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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