ECN Capital (TSE:ECN) Hits New 1-Year High - What's Next?

ECN Capital Corp. (TSE:ECN - Get Free Report) reached a new 52-week high on Monday . The stock traded as high as C$23.72 and last traded at C$2.66, with a volume of 26843 shares changing hands. The stock had previously closed at C$2.63.

ECN Capital Stock Performance

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$541.84 million, a price-to-earnings ratio of -12.06, a P/E/G ratio of 0.24 and a beta of 1.35. The company has a fifty day moving average of C$2.75 and a two-hundred day moving average of C$2.93.

ECN Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 30th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 1.48%. The ex-dividend date of this dividend is Friday, June 13th. ECN Capital's dividend payout ratio (DPR) is -17.87%.

Insider Activity at ECN Capital

In related news, Director Steven Kenneth Hudson bought 200,000 shares of the business's stock in a transaction on Monday, June 9th. The shares were purchased at an average cost of C$2.56 per share, with a total value of C$511,300.00. 18.31% of the stock is currently owned by company insiders.

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.