ECA Marcellus Trust I (ECT) Reaches $2.08 52 Week Low; Shaw Communications Inc. (SJR) Covered By 2 Bulls

February 15, 2018 - By Kurt Siggers

The stock of ECA Marcellus Trust I (NYSE:ECT) hit a new 52-week low and has $1.96 target or 6.00% below today’s $2.08 share price. The 8 months bearish chart indicates high risk for the $36.62 million company. The 1-year low was reported on Feb, 15 by Barchart.com. If the $1.96 price target is reached, the company will be worth $2.20M less. The stock increased 1.46% or $0.03 during the last trading session, reaching $2.08. About 11,594 shares traded. ECA Marcellus Trust I (NYSE:ECT) has risen 13.64% since February 15, 2017 and is uptrending. It has underperformed by 3.06% the S&P500.

Among 6 analysts covering Shaw Comms (NYSE:SJR), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 33% are positive. Shaw Comms had 11 analyst reports since October 20, 2015 according to SRatingsIntel. As per Thursday, December 17, the company rating was maintained by RBC Capital Markets. The stock of Shaw Communications Inc. (NYSE:SJR) earned “Outperform” rating by RBC Capital Markets on Monday, January 9. The firm has “Equal-Weight” rating by Barclays Capital given on Tuesday, April 5. The rating was maintained by Barclays Capital on Friday, October 23 with “Equal Weight”. The stock of Shaw Communications Inc. (NYSE:SJR) has “Outperform” rating given on Tuesday, October 20 by Macquarie Research. The firm has “Sector Perform” rating given on Friday, October 23 by RBC Capital Markets. The firm has “Equal-Weight” rating by Barclays Capital given on Friday, October 27. The firm has “Sell” rating by Citigroup given on Thursday, April 6. See Shaw Communications Inc. (NYSE:SJR) latest ratings:

12/01/2018 Broker: Barclays Capital Rating: Hold New Target: $23.0
11/01/2018 Broker: Canaccord Genuity Rating: Hold New Target: $28.0
05/12/2017 Broker: Bank of America Rating: Hold New Target: $25.0
27/10/2017 Broker: Barclays Capital Rating: Equal-Weight Old Target: $21 New Target: $22 Maintain

ECA Marcellus Trust I owns royalty interests in producing and development horizontal natural gas wells for Energy Corporation of America . The company has market cap of $36.62 million. The firm owns royalty interests in 14 producing horizontal natural gas wells producing from the Marcellus Shale formation located in Greene County, Pennsylvania; and 52 horizontal natural gas development wells drilled to the Marcellus Shale formation covering approximately 9,300 acres held by ECA in Greene County, Pennsylvania. It has a 6.27 P/E ratio. The Company’s royalty interests in the producing wells allow the firm to receive 90% of the proceeds from the sale of production of natural gas attributable to ECAÂ’s interest in the producing wells; and 50% of the proceeds from the sale of production of natural gas attributable to ECAÂ’s interest in the development wells.

Investors sentiment increased to 1.4 in 2017 Q3. Its up 0.40, from 1 in 2017Q2. It improved, as 3 investors sold ECA Marcellus Trust I shares while 2 reduced holdings. 2 funds opened positions while 5 raised stakes. 498,622 shares or 10.59% more from 450,879 shares in 2017Q2 were reported. Morgan Stanley holds 15,673 shares. 6,362 are held by Royal State Bank Of Canada. 63,250 were accumulated by Hightower Advisors Lc. The Germany-based Deutsche Natl Bank Ag has invested 0% in ECA Marcellus Trust I (NYSE:ECT). Raymond James & Assoc stated it has 0% of its portfolio in ECA Marcellus Trust I (NYSE:ECT). Wells Fargo And Mn accumulated 1,602 shares. The Illinois-based Css Llc Il has invested 0% in ECA Marcellus Trust I (NYSE:ECT). Amg National Trust Bancshares holds 0% or 31,891 shares. James Inv Rech reported 35,245 shares. Reilly Ltd Liability accumulated 272 shares. American Research And has invested 0% of its portfolio in ECA Marcellus Trust I (NYSE:ECT). California Employees Retirement System owns 49,300 shares. 67,725 are held by United Savings Bank. Bank Of America Corporation De accumulated 0% or 2,645 shares. Atlantic Trust Ltd Liability Corporation owns 50,000 shares.

Among 2 analysts covering Eca Marcellus Trust I (NYSE:ECT), 0 have Buy rating, 2 Sell and 0 Hold. Therefore 0 are positive. Eca Marcellus Trust I had 3 analyst reports since August 28, 2015 according to SRatingsIntel. The stock of ECA Marcellus Trust I (NYSE:ECT) earned “Sell” rating by Zacks on Friday, August 28. The company was downgraded on Tuesday, September 8 by Zacks. The firm has “Underperform” rating by Raymond James given on Tuesday, September 1.

Shaw Communications Inc. operates as a diversified communications firm in Canada and the United States. The company has market cap of $10.02 billion. The firm operates through Consumer, Business Network Services, Business Infrastructure Services, and Wireless divisions. It has a 14.23 P/E ratio. The Consumer segment provides cable telecommunications services, including video, Internet, WiFi and phone, and satellite video services.

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