The stock of Echelon Financial Holdings Inc (TSE:EFH) is a huge mover today! About 22,550 shares traded hands or 227.33% up from the average. Echelon Financial Holdings Inc (TSE:EFH) has declined 6.79% since March 31, 2016 and is downtrending. It has underperformed by 7.88% the S&P500.
The move comes after 8 months negative chart setup for the $143.03 million company. It was reported on Nov, 4 by Barchart.com. We have $10.86 PT which if reached, will make TSE:EFH worth $15.73M less.
More recent Echelon Financial Holdings Inc (TSE:EFH) news were published by: Businesswire.com which released: “A.M. Best Downgrades Ratings of Echelon Financial Holdings Inc., Affirms …” on June 23, 2016. Also Insurancejournal.com published the news titled: “Echelon Insurance Agrees to Sell European Subsidiary” on August 08, 2016. Reuters.com‘s news article titled: “BRIEF-Echelon Insurance agrees to sell European subsidiary” with publication date: August 04, 2016 was also an interesting one.
Echelon Financial Holdings Inc., formerly EGI Financial Holdings Inc, is engaged in property and casualty insurance in Canada and Europe. The company has a market cap of $143.03 million. The Firm also underwrites specialty insurance products across Europe. It has a 52.7 P/E ratio. The Firm operates through three divisions: Personal Lines and Commercial Lines businesses in Canada, and specialty business in the International division.
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