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Long-Term Investment or Short-Term? Crescent Point Energy Corporation (NYSE:CPG), Encana Corporation (NYSE:ECA)

Crescent Point Energy Corporation (NYSE:CPG)

Crescent Point Energy Corporation (NYSE:CPG), ended its previous trading session at $3.39 showing a loss of -0.0499999999999998 or -1.45 percent with respect to the price of $3.44 when stock market opened. The company traded 2.09 Million shares over the course of the trading day. Giving the average volume of 2.84 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 550.15 Million.

Crescent Point Energy Corporation (NYSE:CPG) is currently trading lower than its price target which is set to $8.85 by the analyst. The stock is -56.9% Below its 1-Year High which is $7.86. CPG has a difference of 39.51% from its 1 year low which stands at $2.43. The company is currently rated by analyst who are keeping a close eye on the stock as 3. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Crescent Point Energy Corporation (NYSE:CPG) Price Insight

The stock needs to grow about $5.46 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 6.52%, -1.17% and -8.67 percent respectively. The stock trades about 1.04 percent of its Float giving its total shares Outstanding are 550.15 Million. CPG lost about -1.74 percent in 6 months showing its Average True Range of 0.16. The company currently has a RSI and Beta of 53.98 and 0.

While talking about Crescent Point Energy Corporation (NYSE:CPG) valuation ratios, the stock trades with a P/S and P/B of 0 and 0.28 which is significantly better and attractive as compared to its peers.

Encana Corporation (NYSE:ECA)

Encana Corporation (NYSE:ECA), closed the last trading session at $5.09 with increase of $0.0999999999999996 or 2 percent against the opening price of $4.99. The trading day volume of the company stands at 25.94 Million shares while the average trading volume of Encana Corporation (NYSE:ECA) is 23.64 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 1.41 Billion.

The price target of Encana Corporation (NYSE:ECA) is currently set at 10 by the analysts. The stock is $-64.36 Below its 1-Year High which is $14.28. ECA hit its 1-Year low price of $4.56. The company is currently rated by analyst who are keeping a close eye on the stock as 2.2. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Performance Indicators of Encana Corporation (NYSE:ECA)

The value of the stock increased by 3.46% during the previous week performance. Looking at the 1 month performance of Encana Corporation (NYSE:ECA), the stock dipped -0.59%. While the 1 year performance shows a negative percentage of -61.41 and year to date performance stands at -11.94%.

Encana Corporation (NYSE:ECA) Analytical Review

The stock needs to grow about $4.91 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 3.72%, -9.93% and -30.63 percent respectively. The stock trades about 3.14 percent of its Float giving its total shares Outstanding are 1.41 Billion. ECA gained about -21.57 percent in 6 months showing its Average True Range of 0.2. The company currently has a RSI and Beta of 48.28 and 2.04.

While talking about Encana Corporation (NYSE:ECA) valuation ratios, the stock trades with a P/S and P/B of 1.22 and 0.6 which is significantly better and attractive as compared to its peers.