Shotspotter (SSTI) Reaches $10.98 After 9.00% Up Move; 1832 Asset Management LP Raised Its Encana (ECA) Position

August 4, 2017 - By Adrian Erickson

1832 Asset Management Lp increased Encana Corp (ECA) stake by 306.76% reported in 2016Q4 SEC filing. 1832 Asset Management Lp acquired 292,012 shares as Encana Corp (ECA)’s stock declined 8.34%. The 1832 Asset Management Lp holds 387,204 shares with $4.54M value, up from 95,192 last quarter. Encana Corp now has $9.47 billion valuation. The stock rose 3.52% or $0.33 reaching $9.71 per share. About 9.70M shares traded. Encana Corp (USA) (NYSE:ECA) has risen 50.13% since August 4, 2016 and is uptrending. It has outperformed by 33.43% the S&P500.

The stock of Shotspotter Inc (NASDAQ:SSTI) is a huge mover today! About 64,400 shares traded. Shotspotter Inc (NASDAQ:SSTI) has 0.00% since August 4, 2016 and is . It has underperformed by 16.70% the S&P500.The move comes after 8 months positive chart setup for the $100.08 million company. It was reported on Aug, 4 by Barchart.com. We have $11.97 PT which if reached, will make NASDAQ:SSTI worth $9.01M more.

ShotSpotter, Inc. is engaged in designing and delivering gunfire alert and analysis solutions. The company has market cap of $100.08 million. The Firm offers its software solutions on a SaaS subscription model. It currently has negative earnings. It has one operating segment with one business activity, providing gunshot detection systems.

Among 27 analysts covering Encana Corporation (NYSE:ECA), 19 have Buy rating, 2 Sell and 6 Hold. Therefore 70% are positive. Encana Corporation had 88 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, July 20 by RBC Capital Markets. The stock of Encana Corp (USA) (NYSE:ECA) earned “Buy” rating by GMP Securities on Wednesday, June 28. The firm earned “Hold” rating on Wednesday, June 21 by Macquarie Research. The firm has “Outperform” rating by FirstEnergy Capital given on Friday, December 4. The stock of Encana Corp (USA) (NYSE:ECA) earned “Hold” rating by Jefferies on Tuesday, December 1. The rating was maintained by Canaccord Genuity with “Buy” on Tuesday, July 11. The stock of Encana Corp (USA) (NYSE:ECA) has “Buy” rating given on Friday, September 30 by Citigroup. Barclays Capital upgraded Encana Corp (USA) (NYSE:ECA) on Tuesday, October 11 to “Overweight” rating. The stock of Encana Corp (USA) (NYSE:ECA) has “Underperform” rating given on Tuesday, September 20 by Scotia Capital. Deutsche Bank maintained the shares of ECA in report on Friday, November 13 with “” rating.

1832 Asset Management Lp decreased Gilead Sciences Inc (NASDAQ:GILD) stake by 35,137 shares to 777,569 valued at $60.03M in 2016Q4. It also reduced Vermilion Energy Inc (NYSE:VET) stake by 43,947 shares and now owns 215,186 shares. Brookfield Ppty Partners LP (NYSE:BPY) was reduced too.