Karen Lynne Martin Purchases 25,000 Shares of ECN Capital Corp. (TSE:ECN) Stock

ECN Capital Corp. (TSE:ECNGet Free Report) Director Karen Lynne Martin bought 25,000 shares of the firm’s stock in a transaction dated Friday, May 17th. The shares were bought at an average price of C$1.88 per share, with a total value of C$46,887.50.

Karen Lynne Martin also recently made the following trade(s):

  • On Wednesday, April 3rd, Karen Lynne Martin purchased 100 shares of ECN Capital stock. The stock was purchased at an average price of C$16.19 per share, for a total transaction of C$1,619.00.

ECN Capital Price Performance

ECN stock opened at C$1.89 on Friday. The stock has a market cap of C$531.32 million, a PE ratio of -3.15, a price-to-earnings-growth ratio of 0.24 and a beta of 1.25. The stock has a 50-day moving average price of C$1.96 and a two-hundred day moving average price of C$2.39. ECN Capital Corp. has a 1 year low of C$1.60 and a 1 year high of C$3.25. The company has a current ratio of 11.69, a quick ratio of 3.81 and a debt-to-equity ratio of 447.65.

ECN Capital (TSE:ECNGet Free Report) last posted its quarterly earnings data on Thursday, March 21st. The company reported C($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.01) by C($0.06). The firm had revenue of C$34.84 million for the quarter, compared to the consensus estimate of C$56.43 million. ECN Capital had a negative return on equity of 52.97% and a negative net margin of 134.34%. Equities analysts forecast that ECN Capital Corp. will post 0.1710646 EPS for the current fiscal year.

ECN Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Friday, June 14th will be issued a $0.01 dividend. The ex-dividend date is Friday, June 14th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 2.12%. ECN Capital’s dividend payout ratio (DPR) is presently -6.67%.

Analysts Set New Price Targets

Several equities research analysts have commented on ECN shares. TD Securities lowered their target price on shares of ECN Capital from C$2.75 to C$2.00 and set a “hold” rating for the company in a research note on Friday, May 3rd. Royal Bank of Canada dropped their price objective on ECN Capital from C$3.00 to C$2.25 and set a “sector perform” rating on the stock in a research note on Friday, March 22nd. National Bankshares decreased their target price on ECN Capital from C$2.75 to C$2.00 and set a “sector perform” rating for the company in a research note on Friday, March 22nd. CIBC lifted their price objective on ECN Capital from C$1.90 to C$2.00 in a report on Friday, May 10th. Finally, BMO Capital Markets decreased their price objective on ECN Capital from C$2.60 to C$2.00 in a research report on Tuesday, March 26th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of C$2.29.

Check Out Our Latest Analysis on ECN Capital

ECN Capital Company Profile

(Get Free Report)

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.

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