ECN Capital Corp (ECN) Director Steven Kenneth Hudson Buys 118,700 Shares
ECN Capital Corp (TSE:ECN) Director Steven Kenneth Hudson bought 118,700 shares of the firm’s stock in a transaction on Thursday, August 30th. The stock was acquired at an average cost of C$3.81 per share, with a total value of C$452,247.00.
Steven Kenneth Hudson also recently made the following trade(s):
- On Tuesday, August 28th, Steven Kenneth Hudson bought 15,000 shares of ECN Capital stock. The stock was acquired at an average cost of C$3.82 per share, with a total value of C$57,300.00.
Shares of ECN stock traded down C$0.05 on Friday, hitting C$3.69. 281,179 shares of the stock were exchanged, compared to its average volume of 1,229,116. ECN Capital Corp has a fifty-two week low of C$3.31 and a fifty-two week high of C$4.40.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 15th. Stockholders of record on Friday, September 28th will be given a dividend of $0.01 per share. The ex-dividend date of this dividend is Thursday, September 27th. This represents a $0.04 annualized dividend and a dividend yield of 1.08%.
A number of research analysts have issued reports on the company. TD Securities boosted their target price on ECN Capital from C$4.75 to C$5.00 and gave the company a “buy” rating in a research note on Friday, May 11th. BMO Capital Markets decreased their target price on ECN Capital from C$5.60 to C$5.00 in a research note on Friday, August 10th. National Bank Financial reissued an “outperform market weight” rating on shares of ECN Capital in a research note on Tuesday, August 7th. Raymond James upped their price objective on ECN Capital from C$4.75 to C$5.00 and gave the stock an “outperform” rating in a research report on Monday, May 14th. Finally, Scotiabank upped their price objective on ECN Capital from C$4.75 to C$5.00 and gave the stock an “outperform” rating in a research report on Friday, May 11th. Six research analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus price target of C$5.07.
ECN Capital Company Profile
ECN Capital Corp., an independent financial services company, originates, co-invests in, and manages asset-based financing and related service programs. The company operates through four segments: Home Improvement Finance, Manufactured Housing Finance, Rail Finance, and Aviation Finance. The Home Improvement Finance segment primarily provides prime and super-prime retail installment contracts to finance home improvement projects in the U.S.
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