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ECN Capital Corp T.ECN.PR.C


Primary Symbol: T.ECN Alternate Symbol(s):  ECNCF | T.ECN.DB | T.ECN.DB.A | T.ECN.DB.B | ECNNF

Financial Services
ECN Capital Corp. is a Canada-based company. The Company is a provider of business services to North American banks, credit unions, life insurance companies, pension funds and institutional investors (collectively, its Partners). It originates, manages and advises on credit assets on behalf of its Partners, specifically consumer (manufactured housing and recreational vehicle and marine) loans and commercial (inventory finance or floorplan) loans. The Company operates through two segments: Manufactured Housing Finance, and Recreational Vehicles (RV) and Marine Finance. Its core business segment includes Triad Financial Services, Source One Financial, and Intercoastal Finance Group. The Triad Financial Services is a portfolio solutions platform focused on originating and managing longer duration secured consumer loan portfolios for active partner. The Source One Financial originates prime and super-prime loans to consumers to facilitate the purchase of recreational and marine vehicles.


TSX:ECN - Post by User

ECN Capital Corp
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Post by Blueswinon Oct 22, 2020 5:45pm
140 Views
Post# 31768722

Price with some traction

Price with some tractionIt looks like the share price is moving up going into the 3rd quarter. After q1 & Q2 the the price jumped both times close to over a dollar. I am a little surprised there have not been any company buy backs that I have seen this quarter.  As noted by the company last quater that this was still part of the plan so I think that will help suppoort the price going forward as well. Hoping for over $6 after they report in Nov.
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