Echelon Financial Holdings Inc (TSE:EFH)’s share price rose 22.6% during trading on Saturday . The stock traded as high as C$14.10 and last traded at C$14.10. Approximately 121,079 shares changed hands during mid-day trading, an increase of 1,792% from the average daily volume of 6,401 shares. The stock had previously closed at C$11.50.

EFH has been the topic of several recent analyst reports. Industrial Alliance Securities increased their price target on shares of Echelon Financial from C$13.00 to C$14.00 in a research note on Friday, August 10th. BMO Capital Markets upgraded shares of Echelon Financial from an “underperform” rating to a “market perform” rating and increased their price target for the company from C$13.00 to C$14.00 in a research note on Friday, August 10th.

Echelon Financial (TSE:EFH) last announced its earnings results on Wednesday, August 8th. The company reported C$0.24 earnings per share (EPS) for the quarter. The business had revenue of C$78.04 million for the quarter. As a group, equities research analysts anticipate that Echelon Financial Holdings Inc will post 1.21000005835461 EPS for the current year.

COPYRIGHT VIOLATION NOTICE: “Echelon Financial (EFH) Stock Price Up 22.6%” was originally reported by Daily Political and is owned by of Daily Political. If you are viewing this piece of content on another domain, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The correct version of this piece of content can be viewed at https://www.dailypolitical.com/2018/11/10/echelon-financial-efh-stock-price-up-22-6.html.

About Echelon Financial (TSE:EFH)

Echelon Financial Holdings Inc, through its subsidiaries, provides property and casualty insurance products and services in Canada. It operates in two segments, Personal Lines and Commercial Lines. The Personal Lines segment primarily underwrites non-standard automobile insurance; and insurance for motorcycles, antique and classic vehicles, trailers, motor-homes, recreational vehicles, and personal property.

Further Reading: Swap

Receive News & Ratings for Echelon Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Echelon Financial and related companies with MarketBeat.com's FREE daily email newsletter.