ECN Capital Corp (TSE:ECN) insider Loreto Grimaldi purchased 127,243 shares of the business’s stock in a transaction dated Thursday, December 14th. The stock was bought at an average price of C$3.93 per share, for a total transaction of C$500,064.99.

ECN Capital Corp (TSE ECN) opened at C$3.85 on Thursday. ECN Capital Corp has a one year low of C$2.97 and a one year high of C$4.40.

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 29th will be paid a dividend of $0.01 per share. The ex-dividend date is Thursday, December 28th. This represents a $0.04 annualized dividend and a yield of 1.04%. ECN Capital’s dividend payout ratio (DPR) is -30.77%.

ECN has been the topic of a number of analyst reports. CSFB upgraded ECN Capital from a “neutral” rating to an “outperform” rating and lifted their price target for the company from C$4.50 to C$4.75 in a report on Saturday, September 23rd. TD Securities boosted their target price on ECN Capital from C$4.75 to C$5.00 and gave the stock a “buy” rating in a research note on Monday, October 16th. Raymond James Financial boosted their target price on ECN Capital from C$4.75 to C$5.00 in a research note on Thursday, October 26th. Finally, Royal Bank of Canada dropped their target price on ECN Capital from C$5.00 to C$4.50 and set an “outperform” rating on the stock in a research note on Friday, December 15th. Six research analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and a consensus target price of C$4.86.

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About ECN Capital

ECN Capital Corp., an independent financial services company, originates, co-invests in, and manages asset based financing and related service programs in the United States, Canada, and internationally. The company operates through three segments: Rail Finance, Aviation Finance, and Commercial and Vendor Finance.

Insider Buying and Selling by Quarter for ECN Capital (TSE:ECN)

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