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ECN Capital Corp. announced ECN Capital Corp (TSE:ECN), boosting its stock price target to $5.00 today

Yesterday ECN Capital Corp (TSE:ECN) traded -0.25% lower at $3.93. The company’s 50-day moving average is $3.96 and its 200-day moving average is $3.68. The last stock close price is up 6.44% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 453,566 shares of the stock were exchanged, down from an average trading volume of 1,196,960

ECN Capital Corp (TSE:ECN) had its target price raised to $5.00 by ECN Capital Corp. in a report released Wednesday August 16, 2017. The new target price indicates a possible upside of 0.27% based on the company's last stock close price.

Previously on 6/12/2017, CIBC World Markets reported about ECN Capital Corp (TSE:ECN) raised the target price from $4.50 to $5.00. At the time, this indicated a possible upside of 0.31%.

See Chart Below

ECN Capital Corp (TSE:ECN)

ECN Capital Corp has a 52 week low of $2.60 and a 52 week high of $4.11 with a P/E ratio of 5.56 The company’s market cap is currently $0.

In addition to ECN Capital Corp. reporting its target price, a total of 12 firms have reported on the stock. The consensus target price is $3.42 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About ECN Capital Corp (TSE:ECN)

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. Through its Rail and Commercial Aviation verticals, ECN Capital Corp is focused on originating, arranging, funding, structuring and managing portfolios of finance assets secured by leased equipment in these transportation industries.

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