Encana Stock Falls On Unusually High Volume (ECA)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Encana (NYSE: ECA) is trading at unusually high volume Monday with 8.9 million shares changing hands. It is currently at two times its average daily volume and trading down 40 cents (-2%) at $19.38 as of 3:36 p.m. ET.

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Encana has a market cap of $14.53 billion and is part of the basic materials sector and energy industry. Shares are unchanged year to date as of the close of trading on Friday.

Encana Corporation and its subsidiaries engage in the exploration for, development, production, and marketing of natural gas, oil, and natural gas liquids.

TheStreet Ratings rates Encana as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and generally high debt management risk. You can view the full Encana Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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