ECN Capital Corp. (TSE:ECN) Announces $0.01 Quarterly Dividend

ECN Capital Corp. (TSE:ECN) declared a quarterly dividend on Thursday, March 20th, TickerTech Dividends reports. Investors of record on Monday, March 31st will be paid a dividend of 0.01 per share on Monday, March 31st. This represents a $0.04 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date of this dividend is Thursday, March 20th.

ECN Capital Stock Down 1.1 %

ECN Capital stock opened at C$2.67 on Tuesday. The business’s 50-day simple moving average is C$3.19 and its two-hundred day simple moving average is C$2.74. The company has a debt-to-equity ratio of 304.13, a quick ratio of 3.81 and a current ratio of 13.28. The company has a market cap of C$535.82 million, a PE ratio of -11.93, a PEG ratio of 0.24 and a beta of 1.35. ECN Capital has a fifty-two week low of C$1.60 and a fifty-two week high of C$3.52.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on ECN shares. National Bank Financial lowered ECN Capital from a “strong-buy” rating to a “hold” rating in a research report on Sunday, February 2nd. CIBC lifted their price objective on shares of ECN Capital from C$2.50 to C$3.50 and gave the company a “neutral” rating in a research note on Thursday, January 30th. Five analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of C$2.68.

About ECN Capital

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.