ECN Capital Corp. (ECN) To Go Ex-Dividend on December 13th

ECN Capital Corp. (TSE:ECN) announced a quarterly dividend on Friday, December 13th,Zacks Dividends reports. Shareholders of record on Tuesday, December 31st will be paid a dividend of 0.01 per share on Tuesday, December 31st. This represents a $0.04 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date of this dividend is Friday, December 13th.

ECN Capital Stock Down 0.7 %

Shares of TSE ECN opened at C$2.80 on Wednesday. The business has a fifty day moving average of C$2.46 and a two-hundred day moving average of C$2.11. The company has a debt-to-equity ratio of 383.08, a quick ratio of 3.81 and a current ratio of 10.77. ECN Capital has a 52-week low of C$1.60 and a 52-week high of C$3.25. The stock has a market cap of C$787.14 million, a PE ratio of -8.48, a PEG ratio of 0.24 and a beta of 1.35.

Analyst Ratings Changes

ECN has been the topic of a number of recent analyst reports. National Bank Financial upgraded shares of ECN Capital from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 8th. Cormark boosted their target price on ECN Capital from C$2.25 to C$3.50 and gave the stock a “moderate buy” rating in a report on Tuesday, November 12th. Finally, CIBC increased their price target on ECN Capital from C$2.25 to C$2.50 in a research report 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 stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of C$2.52.

Insider Activity

In other ECN Capital news, Director Steven Kenneth Hudson sold 20,300 shares of the business’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of C$2.91, for a total transaction of C$59,012.10. 18.31% of the stock is owned by insiders.

ECN Capital Company Profile

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.