ECN Capital Corp. 6.00% Senior Unsecured Debentures (ECN.DB.A)

ECN Capital Corp. 6.00% Senior Unsecured Debentures (ECN.DB.A $100.01)
- $100.01 P/E (TTM): 109.6X Cap: $28.24B
- View ECN.DB.A Profile
- View Questions on ECN.DB.A

{tplLang.businessdescription | toLang tLang}

{ profileData.description }

{tplLang.details | toLang tLang}

{tplLang.ceo | toLang tLang}

{profileData.profile.details.ceo}

{tplLang.employees | toLang tLang}

{profileData.profile.details.employees | numeraljs '0,0'}

{tplLang.issuetype | toLang tLang}

{profileData.profile.details.issuetype | asIssueType}

{tplLang.industryclassifications | toLang tLang}

{tplLang.sector | toLang tLang}

{profileData.profile.classification.sector}

{tplLang.industry | toLang tLang}

{profileData.profile.classification.industry}

{tplLang.toolname| toLang tLang}

There is no {tplLang.toolname| toLang tLang} currently available for {data.symbolstring}.

ECN Capital Corp. 6.00% Senior Unsecured Debentures (ECN.DB.A $100.01)
- $100.01 P/E (TTM): 109.6X Cap: $28.24B
- View ECN.DB.A Profile
- View Questions on ECN.DB.A

Q: hello 5i:
a follow up to a previous question on ECN.DB: can you explain why there has been a steady erosion in the price of ECN.DB, from a high of 104 a year ago, to $98.50 today? I would think that a 6.1% return (at todays price) would be attractive and would actually result in a higher price, assuming that one believes ECN is worth holding (I do). Is it simply a matter of higher interest rates, present and anticipated?
thanks
Paul L

Read Answer Asked by Paul on August 19, 2022