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Stock analysis: Encana scores high as it trades near 10-year lows

Jeff McIntosh/Canadian Press

StockReports+ is a Thomson Reuters service that helps investors pick equities by simplifying the process of evaluating stocks, finding new trading ideas, and understanding trends affecting markets and industries.

Encana Corp. was once a stock market darling, but then natural gas prices plunged and Canada's biggest producer of the commodity found itself with too little revenue to fund its ambitious capital plans.

The stock is continuing to trade near 10-year lows, even though natural gas prices edged up in August. Could this be a good time for value investors to buy into the stock?

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This report provides a detailed analysis that investors may want to review before buying or selling the stock.

StockReports+ gives each stock an average score that combines the quantitative analysis of six widely-used investment decision-making tools: earnings, fundamentals, relative valuation, risk, price momentum and insider trading. Encana's average score is 9 out of 10, placing it within the top 15 per cent of stocks scored.

Read more in this comprehensive report.

Read other reports here.

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