Home / Street Sector / Stocks in Volatile Measures: Deutsche Bank AG (NYSE:DB), Encana Corporation (NYSE:ECA)

Stocks in Volatile Measures: Deutsche Bank AG (NYSE:DB), Encana Corporation (NYSE:ECA)

Several matter pinch shares of Deutsche Bank AG (NYSE:DB) [Trend Analysis], as shares surging 2.70% to $13.33 with a share volume of 25.09 Million. Deutsche Bank is eyeing a settlement of $4-5 billion by end-October with U.S. authorities looking for a fine of up to $14 billion for the misselling of mortgage-backed securities, German markets newsletter Platow Brief stated on Tuesday. Deutsche Bank is considering scrapping bonuses and raising fresh capital, Platow Brief added, without citing sources. Deutsche Bank was not immediately accessible for comment. The stock is going forward its 52-week low with 19.12% and moving down from its 52-week high price with -56.75%. The float short ratio was 2.89%, as compared to sentiment indicator; Short Ratio was 5.05.

Shares of Encana Corporation (NYSE:ECA) [Trend Analysis] runs in leading trade, it moving down -1.50% to traded at $10.51. The firm has price volatility of 5.77% for a week and 4.46% for a month. Its beta stands at 1.71 times. Encana Corporation (NYSE:ECA) reported that, in connection with its completed public offering of 107,000,000 ordinary shares of Encana at a price of US$9.35 per Share, the over-allotment option granted to the underwriters to purchase up to an additional 16,050,000 additional Shares at the Offering Price was exercised in full for additional gross proceeds to Encana of about US$150 million. The sale of the additional Shares recently pursuant to the Over-Allotment Option brings the aggregate gross proceeds to Encana from the offering, comprising the Over-Allotment Option (collectively, the “Offering”), to about US$1.15 billion. Narrow down four to firm performance, its weekly performance was 18.49% and monthly performance was 7.51%. The stock price of ECA is moving up from its 20 days moving average with 7.57% and isolated positively from 50 days moving average with 12.67%.


About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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