ECN Capital (TSE:ECN) Shares Up 0.3% – Here’s Why

Shares of ECN Capital Corp. (TSE:ECNGet Free Report) traded up 0.3% during mid-day trading on Friday . The stock traded as high as C$3.05 and last traded at C$3.05. 154,495 shares traded hands during mid-day trading, a decline of 57% from the average session volume of 362,814 shares. The stock had previously closed at C$3.04.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada set a C$3.25 price target on ECN Capital and gave the stock a “hold” rating in a report on Wednesday, October 1st. Four research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, ECN Capital currently has an average rating of “Hold” and an average price target of C$3.33.

Get Our Latest Stock Report on ECN

ECN Capital Stock Up 0.3%

The company has a market cap of C$859.29 million, a price-to-earnings ratio of 64.68, a P/E/G ratio of 0.24 and a beta of 1.70. The stock’s 50-day moving average is C$2.98 and its 200-day moving average is C$2.93. The company has a current ratio of 13.28, a quick ratio of 3.81 and a debt-to-equity ratio of 304.13.

ECN Capital (TSE:ECNGet Free Report) last announced its quarterly earnings results on Thursday, November 13th. The company reported C$0.06 earnings per share (EPS) for the quarter. The business had revenue of C$104.04 million for the quarter. ECN Capital had a negative return on equity of 21.93% and a negative net margin of 24.40%. On average, analysts anticipate that ECN Capital Corp. will post 0.2446449 earnings per share for the current fiscal year.

ECN Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 31st were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Friday, December 12th. ECN Capital’s payout ratio is presently 60.33%.

About ECN Capital

(Get Free Report)

ECN Capital Corp is a financial business service provider. It originates, structures and manages financial products and provides advisory services for financial institutions. The company’s operating segment includes Service Finance – Home Improvement Loans; KG – Consumer Credit Card Portfolios and Related Financial Products; Triad Financial Services – Manufactured Home Loans and Corporate. It generates maximum revenue from the Service Finance – Home Improvement Loans.

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