Firm Capital Mortgage Investment (TSE:FC) Stock Crosses Above Two Hundred Day Moving Average of $11.16

Shares of Firm Capital Mortgage Investment Co. (TSE:FC) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$11.16 and traded as high as C$11.74. Firm Capital Mortgage Investment shares last traded at C$11.62, with a volume of 130,053 shares trading hands.

Firm Capital Mortgage Investment Price Performance

The stock has a market capitalization of C$426.80 million, a price-to-earnings ratio of 11.74 and a beta of 1.04. The company has a quick ratio of 17.11, a current ratio of 6.11 and a debt-to-equity ratio of 57.73. The business’s 50 day simple moving average is C$11.41 and its 200-day simple moving average is C$11.16.

Firm Capital Mortgage Investment (TSE:FC) last announced its quarterly earnings data on Friday, August 9th. The company reported C$0.25 earnings per share (EPS) for the quarter. The firm had revenue of C$17.07 million for the quarter. Firm Capital Mortgage Investment had a net margin of 74.91% and a return on equity of 8.50%. On average, research analysts forecast that Firm Capital Mortgage Investment Co. will post 1.0695088 earnings per share for the current year.

About Firm Capital Mortgage Investment

Firm Capital Mortgage Investment Corporation, through its mortgage banker, Firm Capital Corporation, invests in short-term residential and commercial real estate mortgage loans and real estate related debt investments in Canada. It engages in originating, funding, purchasing, and servicing mortgage investments.