ECN Capital Corp. (TSE:ECN – Get Free Report) Director Steven Kenneth Hudson purchased 250,000 shares of the stock in a transaction that occurred on Friday, September 22nd. The shares were purchased at an average price of C$2.44 per share, with a total value of C$610,000.00.
ECN Capital Stock Performance
Shares of ECN opened at C$2.40 on Tuesday. ECN Capital Corp. has a 52 week low of C$2.23 and a 52 week high of C$5.03. The company has a quick ratio of 3.81, a current ratio of 9.65 and a debt-to-equity ratio of 709.37. The stock has a market cap of C$589.87 million, a P/E ratio of -8.57, a P/E/G ratio of 0.24 and a beta of 1.08. The business’s 50 day moving average price is C$2.59 and its 200-day moving average price is C$2.85.
ECN Capital (TSE:ECN – Get Free Report) last released its earnings results on Monday, August 14th. The company reported C$0.01 EPS for the quarter, missing the consensus estimate of C$0.06 by C($0.05). ECN Capital had a negative return on equity of 24.88% and a negative net margin of 36.95%. The company had revenue of C$50.95 million during the quarter, compared to the consensus estimate of C$88.44 million. Equities research analysts anticipate that ECN Capital Corp. will post 0.3079848 earnings per share for the current fiscal year.
ECN Capital Dividend Announcement
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on ECN. TD Securities dropped their target price on shares of ECN Capital from C$3.50 to C$2.75 and set a “hold” rating for the company in a report on Wednesday, August 16th. Raymond James raised shares of ECN Capital from a “market perform” rating to an “outperform” rating and raised their target price for the stock from C$3.00 to C$4.00 in a research report on Tuesday, August 15th. CIBC reduced their price target on shares of ECN Capital from C$3.50 to C$3.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 25th. Finally, National Bankshares lowered their price objective on shares of ECN Capital from C$4.50 to C$3.50 in a report on Tuesday, August 15th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of C$3.56.
Read Our Latest Stock Analysis on ECN
About ECN Capital
ECN Capital Corp. originates, manages, and advises on credit assets on behalf of its partners in North America. It operates through two segments, Manufactured Housing Finance; and Recreational Vehicle and Marine Finance. The company provides consumer loans, including manufactured housing, recreational vehicle, and marine loans; and commercial loans, such as inventory finance or floorplan loans.
Featured Articles
- Five stocks we like better than ECN Capital
- Stock Analyst Ratings and Canadian Analyst Ratings
- 2 Must-Have Silicon Companies That Don’t Make Microchips
- What is the Nikkei 225 index?
- Small Caps That Have Priced In A Hard Landing For Big Upside
- Crypto vs Stocks: How to Choose Your Investments
- This May Have Ended Alibaba’s Winter, But Is It Time To Buy?
Receive News & Ratings for ECN Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ECN Capital and related companies with MarketBeat.com's FREE daily email newsletter.
