Insider Buying: ECN Capital Corp. (TSE:ECN) Director Buys 200,000 Shares of Stock

ECN Capital Corp. (TSE:ECN - Get Free Report) Director Steven Kenneth Hudson bought 200,000 shares of the business's stock in a transaction that occurred on Friday, April 4th. The stock was bought at an average price of C$2.63 per share, with a total value of C$525,080.00.

ECN Capital Trading Up 1.2 %

ECN traded up C$0.03 on Friday, hitting C$2.57. 62,338 shares of the company were exchanged, compared to its average volume of 160,641. The company has a debt-to-equity ratio of 304.13, a quick ratio of 3.81 and a current ratio of 13.28. ECN Capital Corp. has a 12 month low of C$1.60 and a 12 month high of C$3.52. The firm has a fifty day simple moving average of C$2.95 and a two-hundred day simple moving average of C$2.82. The stock has a market capitalization of C$515.75 million, a PE ratio of -11.48, a price-to-earnings-growth ratio of 0.24 and a beta of 1.35.

ECN Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 31st were given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date was Thursday, March 20th. ECN Capital's payout ratio is -17.87%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. CIBC boosted their target price on ECN Capital from C$2.50 to C$3.50 and gave the stock a "neutral" rating in a research report on Thursday, January 30th. National Bank Financial lowered shares of ECN Capital from a "strong-buy" rating to a "hold" rating in a report on Sunday, February 2nd. Four analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of C$2.77.

ECN Capital Company Profile

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.