ECN Capital Corp (ECN) Director Steven Kenneth Hudson Purchases 381,728 Shares of Stock

ECN Capital Corp (TSE:ECN) Director Steven Kenneth Hudson bought 381,728 shares of the company’s stock in a transaction dated Thursday, December 14th. The stock was bought at an average cost of C$3.93 per share, with a total value of C$1,500,191.04.

ECN Capital Corp (TSE ECN) opened at C$3.87 on Tuesday. ECN Capital Corp has a 12 month low of C$2.97 and a 12 month high of C$4.40.

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 29th will be paid a $0.01 dividend. The ex-dividend date is Thursday, December 28th. This represents a $0.04 annualized dividend and a dividend yield of 1.03%. ECN Capital’s payout ratio is -30.77%.

Several equities research analysts have recently commented on the stock. TD Securities raised their target price on shares of ECN Capital from C$4.75 to C$5.00 and gave the stock a “buy” rating in a research report on Monday, October 16th. CSFB raised shares of ECN Capital from a “neutral” rating to an “outperform” rating and raised their target price for the stock from C$4.50 to C$4.75 in a research report on Saturday, September 23rd. Raymond James Financial raised their target price on shares of ECN Capital from C$4.75 to C$5.00 in a research report on Thursday, October 26th. Finally, Royal Bank of Canada dropped their target price on shares of ECN Capital from C$5.00 to C$4.50 and set an “outperform” rating for the company in a research report on Friday. Six research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and an average 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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