William Wayne Lovatt Acquires 100,000 Shares of ECN Capital Corp (ECN) Stock

ECN Capital Corp (TSE:ECN) Director William Wayne Lovatt bought 100,000 shares of the company’s stock in a transaction that occurred on Thursday, March 23rd. The shares were purchased at an average price of C$3.42 per share, with a total value of C$342,000.00.

William Wayne Lovatt also recently made the following trade(s):

  • On Thursday, March 9th, William Wayne Lovatt bought 100,000 shares of ECN Capital Corp stock. The shares were purchased at an average price of C$3.55 per share, with a total value of C$355,000.00.

Shares of ECN Capital Corp (TSE:ECN) traded up 2.31% during midday trading on Monday, hitting $3.54. 2,314,444 shares of the company were exchanged. The company has a 50-day moving average of $3.41 and a 200 day moving average of $3.17. ECN Capital Corp has a one year low of $2.60 and a one year high of $3.70. The company has a market capitalization of $1.37 billion and a P/E ratio of 44.25.

WARNING: “William Wayne Lovatt Acquires 100,000 Shares of ECN Capital Corp (ECN) Stock” was published by Mideast Time and is the property of of Mideast Time. If you are reading this piece on another site, it was stolen and republished in violation of United States & international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.mideasttime.com/william-wayne-lovatt-acquires-100000-shares-of-ecn-capital-corp-ecn-stock/1589630.html.

A number of equities research analysts recently issued reports on ECN shares. Raymond James Financial, Inc. reiterated an “outperform” rating and set a C$4.40 target price on shares of ECN Capital Corp in a research report on Thursday, January 19th. National Bank Financial increased their target price on shares of ECN Capital Corp from C$4.25 to C$4.75 in a research report on Wednesday, February 22nd. Scotiabank increased their target price on shares of ECN Capital Corp from C$4.25 to C$4.60 and gave the stock an “outperform” rating in a research report on Wednesday, February 22nd. Royal Bank of Canada increased their target price on shares of ECN Capital Corp from C$4.25 to C$4.50 and gave the stock an “outperform” rating in a research report on Wednesday, February 22nd. Finally, TD Securities increased their target price on shares of ECN Capital Corp from C$4.50 to C$5.00 and gave the stock a “buy” rating in a research report on Wednesday, February 22nd. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of C$4.55.

About ECN Capital Corp

ECN Capital Corp is a Canada-based independent commercial finance company. The Company operates across North America in the following verticals of the commercial finance market: Rail Finance, Commercial and Vendor (C&V) Finance, and Commercial Aviation Finance. Through its C&V vertical, the Company provides financing and leasing solutions to manufacturers, dealers, distributors and end-users of capital equipment across a range of industries such as food service, transportation, construction, manufacturing, healthcare, office equipment and technology products.

Receive News & Ratings for ECN Capital Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ECN Capital Corp and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply

 
© 2006-2017 Mideast Time.