ECN Capital (TSE:ECN) Shares Up 2.7% - Should You Buy?

ECN Capital Corp. (TSE:ECN - Get Free Report)'s stock price shot up 2.7% during mid-day trading on Monday . The company traded as high as C$3.07 and last traded at C$3.04. 41,215 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 163,556 shares. The stock had previously closed at C$2.96.

ECN Capital Trading Down 1.0%

The business has a 50 day simple moving average of C$2.78 and a 200-day simple moving average of C$2.92. The company has a current ratio of 13.28, a quick ratio of 3.81 and a debt-to-equity ratio of 304.13. The stock has a market capitalization of C$602.05 million, a price-to-earnings ratio of -13.40, a price-to-earnings-growth ratio of 0.24 and a beta of 1.35.

ECN Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 30th were issued a $0.01 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.33%. ECN Capital's dividend payout ratio (DPR) is -17.87%.

Insider Activity at ECN Capital

In other news, Director Steven Kenneth Hudson acquired 200,000 shares of the business's stock in a transaction dated Monday, June 9th. The shares were bought at an average cost of C$2.56 per share, for a total transaction 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.