ECN Capital (TSE:ECN) Reaches New 52-Week High – Here’s What Happened

ECN Capital Corp. (TSE:ECNGet Free Report)’s stock price reached a new 52-week high on Wednesday . The company traded as high as C$26.25 and last traded at C$3.05, with a volume of 132066 shares. The stock had previously closed at C$3.05.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada lowered their price objective on shares of ECN Capital from C$3.25 to C$3.10 and set a “sector perform” rating on the stock in a report on Monday, January 5th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of C$3.18.

Check Out Our Latest Research Report on ECN

ECN Capital Price Performance

The firm has a market capitalization of C$859.29 million, a P/E ratio of 64.68, a PEG ratio of 0.24 and a beta of 1.77. The firm’s 50 day moving average is C$3.04 and its two-hundred day moving average is C$2.96. The company has a debt-to-equity ratio of 304.13, a current ratio of 13.28 and a quick ratio of 3.81.

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

ECN Capital Announces Dividend

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

See Also

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.