ECN Capital Corp. (TSE:ECN - Get Free Report) Director Steven Kenneth Hudson sold 100,000 shares of the business's stock in a transaction dated Friday, November 15th. The stock was sold at an average price of C$2.92, for a total value of C$292,300.00.
ECN Capital Stock Performance
ECN opened at C$3.00 on Friday. The company has a market cap of C$843.36 million, a price-to-earnings ratio of -9.09, a PEG ratio of 0.24 and a beta of 1.35. The company's fifty day moving average price is C$2.25 and its two-hundred day moving average price is C$2.01. ECN Capital Corp. has a 1-year low of C$1.60 and a 1-year high of C$3.25. The company has a current ratio of 10.77, a quick ratio of 3.81 and a debt-to-equity ratio of 383.08.
ECN Capital Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be issued a $0.01 dividend. The ex-dividend date is Friday, December 13th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.33%. ECN Capital's dividend payout ratio is presently -12.12%.
Analyst Ratings Changes
A number of equities research analysts have weighed in on the stock. BMO Capital Markets boosted their target price on shares of ECN Capital from C$2.00 to C$2.35 in a report on Friday, August 9th. Cormark upped their price objective on shares of ECN Capital from C$2.25 to C$3.50 and gave the company a "moderate buy" rating in a report on Tuesday. CIBC increased their price objective on shares of ECN Capital from C$2.25 to C$2.50 in a research report on Friday, November 8th. National Bankshares boosted their target price on ECN Capital from C$2.25 to C$2.50 in a research report on Thursday, August 8th. Finally, National Bank Financial raised ECN Capital from a "hold" rating to a "strong-buy" rating in a research note on Friday, November 8th. Four equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of C$2.52.
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About ECN Capital
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ECN Capital Corp. originates, manages, and advises on credit assets on behalf of its partners in North America. It operates in two segments, Manufactured Housing Finance; and Recreational Vehicle and Marine Finance. The company offers consumer loans, including manufactured housing, recreational vehicle, and marine loans; and commercial loans, such as inventory finance or floorplan loans.
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