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ECN Capital Corp T.ECN

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

ECN Capital Corp. is a Canada-based provider of business services to North American banks, credit unions, life insurance companies, pension funds and institutional investors (collectively, its Partners). The Company 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 and Marine Finance. It operates through three businesses: Triad Financial Services, which manufactures home loans; Source One Financial, which is engaged in nationwide marine and RV lending; and Intercoastal Finance Group, which is engaged in national marine and RV lending. It provides prime credit portfolio solutions: Secured consumer loan portfolios, which manufactures home loans, and Secured consumer loan portfolios, which provides marine and RV loans.


TSX:ECN - Post by User

Post by Blueswinon Apr 01, 2021 1:09pm
213 Views
Post# 32923640

Can anyone explain the wild ride?

Can anyone explain the wild ride?One day we are down 4% the next we are up 4%. The next day we are down 4% & the next day we are up 4%. This might be great for day traders but crazy swings. I think some catalysts coming our way is the big box store that Ecn will provide funding for will be announced this quarter. Housing continues to be booming & interest rates are low.  I think the first Q report will be around May 12th which the results should be good!

  $10.00
(+26.42% Upside)
Based on 6 ranked analysts offering 12 month price targets for TSE:ECN in the last 3 months, the average price target is $10.00, with a high estimate of $11.00 and a low estimate of $9.50.

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