ECN has been the topic of a number of other research reports. Raymond James Financial, Inc. reiterated an outperform rating and issued a C$4.40 price objective on shares of ECN Capital Corp in a research note on Thursday, January 19th. TD Securities reiterated a buy rating and issued a C$5.00 price objective on shares of ECN Capital Corp in a research note on Wednesday, March 8th. Royal Bank of Canada increased their price objective on shares of ECN Capital Corp from C$4.25 to C$4.50 and gave the stock an outperform rating in a research note on Wednesday, February 22nd. Finally, National Bank Financial increased their price objective on shares of ECN Capital Corp from C$4.25 to C$4.75 in a research note on Wednesday, February 22nd. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of Buy and a consensus target price of C$4.53.
ECN Capital Corp (TSE:ECN) opened at 3.64 on Friday. ECN Capital Corp has a 52 week low of $2.60 and a 52 week high of $3.93. The stock’s 50 day moving average is $3.69 and its 200 day moving average is $3.31. The stock has a market cap of $1.41 billion and a PE ratio of 45.50.
In other news, insider Grier Barrett Colter purchased 12,000 shares of the company’s stock in a transaction that occurred on Friday, March 10th. The shares were bought at an average price of C$3.48 per share, for a total transaction of C$41,760.00. Also, Director William Wayne Lovatt purchased 100,000 shares of the company’s stock in a transaction that occurred on Thursday, March 9th. The shares were purchased at an average price of C$3.55 per share, for a total transaction of C$355,000.00. In the last 90 days, insiders have purchased 727,178 shares of company stock worth $2,707,241.
ECN Capital Corp Company Profile
ECN Capital Corp is a Canada-based independent commercial finance company. The Company operates across North America in the following verticals of the commercial finance market: Rail Finance, Commercial and Vendor (C&V) Finance, and Commercial Aviation Finance. Through its C&V vertical, the Company provides financing and leasing solutions to manufacturers, dealers, distributors and end-users of capital equipment across a range of industries such as food service, transportation, construction, manufacturing, healthcare, office equipment and technology products.
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