Timbercreek Financial (OTC:TBCRF) Trading Up 0.8% – Here’s Why

Timbercreek Financial Corp. (OTC:TBCRFGet Free Report)’s share price traded up 0.8% during mid-day trading on Wednesday . The stock traded as high as $4.89 and last traded at $4.89. 1,009 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 2,033 shares. The stock had previously closed at $4.85.

Timbercreek Financial Price Performance

The company has a fifty day simple moving average of $5.43 and a two-hundred day simple moving average of $5.69.

About Timbercreek Financial

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Timbercreek Financial Corp. provides shorter-duration structured financing solutions to commercial real estate investors in Canada. It focuses on lending against income-producing real estate properties, such as multi-residential, office, and retail buildings in urban markets. The company was founded in 2016 and is headquartered in Toronto, Canada.

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