ECN Capital (TSE:ECN) Stock Price Down 2.9% - Here's What Happened

ECN Capital Corp. (TSE:ECN - Get Free Report) was down 2.9% on Monday . The company traded as low as C$2.70 and last traded at C$2.71. Approximately 67,348 shares changed hands during mid-day trading, a decline of 58% from the average daily volume of 159,210 shares. The stock had previously closed at C$2.79.

ECN Capital Stock Performance

The company has a debt-to-equity ratio of 304.13, a current ratio of 13.28 and a quick ratio of 3.81. The firm has a market cap of C$511.74 million, a P/E ratio of -11.39, a PEG ratio of 0.24 and a beta of 1.35. The stock's 50 day moving average is C$2.74 and its two-hundred day moving average is C$2.95.

ECN Capital Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 30th will be given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date is Friday, June 13th. ECN Capital's dividend payout ratio (DPR) is -17.87%.

Insiders Place Their Bets

In other news, Director Steven Kenneth Hudson acquired 200,000 shares of the company's stock in a transaction dated Friday, April 4th. The stock was bought at an average price of C$2.63 per share, with a total value of C$525,080.00. Corporate insiders own 18.31% of the company's stock.

About ECN Capital

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.