Ecn Capital Corp Stock Today

ECN Stock  CAD 1.72  0.07  3.91%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Over 86

 
High
 
Low
Very High
ECN Capital is selling at 1.72 as of the 21st of April 2024; that is -3.91 percent decrease since the beginning of the trading day. The stock's open price was 1.79. ECN Capital has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for ECN Capital Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of May 2022 and ending today, the 21st of April 2024. Click here to learn more.
Business Domain
Banks
Category
Financial Services
Classification
Financials
ECN Capital Corp. originates, manages, and advises on prime consumer credit portfolios primarily in the United States. ECN Capital Corp. was founded in 2016 and is headquartered in Toronto, Canada. ECN CAPITAL operates under Credit Services classification in Canada and is traded on Toronto Stock Exchange. The company has 279.95 M outstanding shares of which 6.24 M shares are currently shorted by private and institutional investors with about 12.43 days to cover all short positions. More on ECN Capital Corp

Moving together with ECN Stock

  0.83THRM Therma BrightPairCorr
  0.62FUND Katipult Technology CorpPairCorr
  0.74QBR-A QuebecorPairCorr

Moving against ECN Stock

  0.86OCO Oroco Resource CorpPairCorr
  0.81FURY Fury Gold MinesPairCorr
  0.72CSH-UN Chartwell RetirementPairCorr
  0.7TXT-UN Top 10 SplitPairCorr
  0.59BHC Bausch Health CompaniesPairCorr

ECN Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ECN Capital's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ECN Capital or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOSteven Hudson
Business ConcentrationThrifts & Mortgage Finance, Mortgage Finance, Financial Services, Financials, Thrifts & Mortgage Finance, Credit Services, Financial Services (View all Sectors)
ECN Capital's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to ECN Capital's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ECN Capital's financial leverage. It provides some insight into what part of ECN Capital's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on ECN Capital's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how ECN Capital deploys its capital and how much of that capital is borrowed.
Liquidity
ECN Capital cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 1.01 B in total debt with debt to equity ratio (D/E) of 0.85, which is about average as compared to similar companies. ECN Capital Corp has a current ratio of 4.31, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist ECN Capital until it has trouble settling it off, either with new capital or with free cash flow. So, ECN Capital's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ECN Capital Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ECN to invest in growth at high rates of return. When we think about ECN Capital's use of debt, we should always consider it together with cash and equity.

Total Cashflows From Investing Activities

99.42 Million
ECN Capital Corp (ECN) is traded on Toronto Exchange in Canada and employs 620 people. ECN Capital is listed under Thrifts & Mortgage Finance category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 481.51 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ECN Capital's market, we take the total number of its shares issued and multiply it by ECN Capital's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. ECN Capital Corp operates under Thrifts & Mortgage Finance sector and is part of Financials industry. The entity has 279.95 M outstanding shares of which 6.24 M shares are currently shorted by private and institutional investors with about 12.43 days to cover all short positions. ECN Capital Corp has accumulated about 62.53 M in cash with (26.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.26.
Check ECN Capital Probability Of Bankruptcy
Ownership Allocation
ECN Capital holds a total of 279.95 Million outstanding shares. 30% of ECN Capital Corp outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Thereupon, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the entity is less than the current market value, you may not be able to make money on it.
Check ECN Ownership Details

ECN Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of ECN Capital jumping above the current price in 90 days from now is roughly 97.0%. The ECN Capital Corp probability density function shows the probability of ECN Capital stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.8004 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ECN Capital will likely underperform. Additionally, eCN Capital Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 1.72HorizonTargetOdds Above 1.72
3.25%90 days
 1.72 
96.73%
Based on a normal probability distribution, the odds of ECN Capital to move above the current price in 90 days from now is roughly 97.0 (This ECN Capital Corp probability density function shows the probability of ECN Stock to fall within a particular range of prices over 90 days) .

ECN Capital Corp Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ECN Capital market risk premium is the additional return an investor will receive from holding ECN Capital long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ECN Capital. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ECN Capital's alpha and beta are two of the key measurements used to evaluate ECN Capital's performance over the market, the standard measures of volatility play an important role as well.

ECN Stock Against Markets

Picking the right benchmark for ECN Capital stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ECN Capital stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ECN Capital is critical whether you are bullish or bearish towards ECN Capital Corp at a given time. Please also check how ECN Capital's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ECN Capital without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Options Analysis Now

   

Options Analysis

Analyze and evaluate options and option chains as a potential hedge for your portfolios
All  Next Launch Module

ECN Capital Corporate Directors

ECN Capital corporate directors refer to members of an ECN Capital board of directors. The board of directors generally takes responsibility for the ECN Capital's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of ECN Capital's board members must vote for the resolution. The ECN Capital board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Paul StoyanIndependent DirectorProfile
David MorrisIndependent DirectorProfile
Donna TothIndependent DirectorProfile
Karen MartinIndependent DirectorProfile

How to buy ECN Stock?

Before investing in ECN Capital, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ECN Capital. To buy ECN Capital stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of ECN Capital. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase ECN Capital stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located ECN Capital Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased ECN Capital Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ECN Capital Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in ECN Capital Corp?

The danger of trading ECN Capital Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ECN Capital is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ECN Capital. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ECN Capital Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ECN Capital Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for ECN Stock analysis

When running ECN Capital's price analysis, check to measure ECN Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ECN Capital is operating at the current time. Most of ECN Capital's value examination focuses on studying past and present price action to predict the probability of ECN Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ECN Capital's price. Additionally, you may evaluate how the addition of ECN Capital to your portfolios can decrease your overall portfolio volatility.
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Money Managers
Screen money managers from public funds and ETFs managed around the world
Please note, there is a significant difference between ECN Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if ECN Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ECN Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.