Royal Bank Of Canada Reiterates “C$3.25” Price Target for ECN Capital (TSE:ECN)

Royal Bank Of Canada set a C$3.25 target price on ECN Capital (TSE:ECN) in a report issued on Wednesday morning,BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.

Separately, Raymond James Financial cut shares of ECN Capital from a “moderate buy” rating to a “hold” rating and set a C$3.25 price objective on the stock. in a research note on Friday, August 8th. Four analysts have rated the stock with a Hold rating, According to MarketBeat, ECN Capital presently has an average rating of “Hold” and an average target price of C$3.38.

ECN Capital Stock Performance

Shares of TSE ECN opened at C$2.75 on Wednesday. The firm’s 50-day moving average price is C$2.94 and its 200-day moving average price is C$2.82. The company has a quick ratio of 3.81, a current ratio of 13.28 and a debt-to-equity ratio of 304.13. The company has a market cap of C$774.07 million, a PE ratio of 101.27, a PEG ratio of 0.24 and a beta of 1.37. ECN Capital has a 52-week low of C$2.06 and a 52-week high of C$3.52.

ECN Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Wednesday, October 1st were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Friday, September 12th. ECN Capital’s dividend payout ratio is 105.56%.

ECN Capital Company Profile

ECN Capital Corp is a financial business service provider. It originates, structures and manages financial products and provides advisory services for financial institutions. The company’s operating segment includes Service Finance – Home Improvement Loans; KG – Consumer Credit Card Portfolios and Related Financial Products; Triad Financial Services – Manufactured Home Loans and Corporate.