ECN Capital (OTCMKTS:ECNCF) Downgraded by BMO Capital Markets

BMO Capital Markets cut shares of ECN Capital (OTCMKTS:ECNCFGet Rating) from an outperform rating to a market perform rating in a research note issued to investors on Thursday, The Fly reports.

Several other research firms also recently weighed in on ECNCF. TD Securities lifted their target price on shares of ECN Capital from C$8.00 to C$8.50 in a research report on Tuesday, August 9th. Royal Bank of Canada lifted their target price on shares of ECN Capital from C$7.50 to C$8.00 in a research report on Monday, August 15th. Raymond James dropped their target price on shares of ECN Capital from C$8.00 to C$7.50 in a research report on Thursday, August 25th. Finally, National Bank Financial raised their price target on shares of ECN Capital from C$8.00 to C$8.50 in a report on Friday, August 12th.

ECN Capital Price Performance

ECN Capital stock opened at $2.50 on Thursday. The firm’s 50 day simple moving average is $3.27 and its 200-day simple moving average is $4.17. ECN Capital has a fifty-two week low of $2.19 and a fifty-two week high of $9.65.

About ECN Capital

(Get Rating)

ECN Capital Corp. originates, manages, and advises on prime consumer credit portfolios in North America. It operates through Secured Consumer Loans – Triad Financial Services and Source One; and Consumer Credit Card and Related Unsecured Consumer Loans – KG segments. The company provides secured consumer loan portfolios, including manufactured home, marine, and recreational vehicle loans; and consumer credit card portfolios that are focused on co-branded credit cards and related financial products.

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