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Michael Shane Lepore Acquires 25,000 Shares of ECN Capital Corp. (TSE:ECN) Stock

Financial News Live ·  Aug 30, 2022 19:51

ECN Capital Corp. (TSE:ECN – Get Rating) Senior Officer Michael Shane Lepore acquired 25,000 shares of the firm's stock in a transaction that occurred on Monday, August 29th. The stock was acquired at an average price of C$5.62 per share, for a total transaction of C$140,500.00. Following the completion of the transaction, the insider now directly owns 639,347 shares in the company, valued at C$3,593,130.14.

Michael Shane Lepore also recently made the following trade(s):

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  • On Friday, August 26th, Michael Shane Lepore acquired 25,000 shares of ECN Capital stock. The stock was acquired at an average price of C$5.85 per share, for a total transaction of C$146,297.50.

ECN Capital Trading Down 3.3 %

ECN traded down C$0.19 on Tuesday, reaching C$5.57. 927,141 shares of the company's stock were exchanged, compared to its average volume of 571,819. The company's 50 day moving average is C$6.02 and its 200-day moving average is C$6.08. The company has a market cap of C$1.37 billion and a price-to-earnings ratio of 57.60. ECN Capital Corp. has a twelve month low of C$4.60 and a twelve month high of C$12.24. The company has a debt-to-equity ratio of 365.53, a quick ratio of 3.62 and a current ratio of 3.73.

Analyst Ratings Changes

A number of research firms have issued reports on ECN. Raymond James reduced their target price on shares of ECN Capital from C$8.00 to C$7.50 and set an "outperform" rating on the stock in a report on Thursday, August 25th. National Bankshares upped their target price on shares of ECN Capital from C$8.00 to C$8.50 and gave the company an "outperform" rating in a report on Friday, August 12th. TD Securities upped their target price on shares of ECN Capital from C$8.00 to C$8.50 and gave the company a "buy" rating in a report on Tuesday, August 9th. Royal Bank of Canada upped their target price on shares of ECN Capital from C$7.50 to C$8.00 and gave the company a "sector perform" rating in a report on Monday, August 15th. Finally, BMO Capital Markets cut their price objective on shares of ECN Capital from C$8.00 to C$7.50 in a report on Friday. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, ECN Capital presently has a consensus rating of "Moderate Buy" and a consensus target price of C$8.48.

ECN Capital Company Profile

(Get Rating)

ECN Capital Corp. originates, manages, and advises on prime consumer credit portfolios in North America. It operates through Secured Consumer Loans – Triad Financial Services and Source One; and Consumer Credit Card and Related Unsecured Consumer Loans – KG segments. The company provides secured consumer loan portfolios, including manufactured home, marine, and recreational vehicle loans; and consumer credit card portfolios that are focused on co-branded credit cards and related financial products.

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