Equities research analysts at StockNews.com started coverage on shares of Manhattan Bridge Capital (NASDAQ:LOAN – Get Free Report) in a report issued on Saturday. The firm set a “strong-buy” rating on the credit services provider’s stock.
Manhattan Bridge Capital Price Performance
NASDAQ:LOAN opened at $5.68 on Friday. The firm’s 50-day moving average price is $5.60 and its 200-day moving average price is $5.48. The company has a market capitalization of $64.97 million, a PE ratio of 11.59 and a beta of 0.48. Manhattan Bridge Capital has a 1-year low of $4.69 and a 1-year high of $5.90.
Manhattan Bridge Capital (NASDAQ:LOAN – Get Free Report) last released its earnings results on Wednesday, March 12th. The credit services provider reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.01). Manhattan Bridge Capital had a return on equity of 13.06% and a net margin of 56.93%. The business had revenue of $2.36 million during the quarter.
Institutional Trading of Manhattan Bridge Capital
Manhattan Bridge Capital Company Profile
Manhattan Bridge Capital, Inc, a real estate finance company, originates, services, and manages a portfolio of first mortgage loans in the United States. The company offers short-term, secured, and non-banking loans to real estate investors to fund acquisition, renovation, rehabilitation, or development of residential or commercial properties.
Further Reading
- Five stocks we like better than Manhattan Bridge Capital
- How to Short a Stock in 5 Easy Steps
- Rubrik Stock’s V-Bottom Reversal Signals a Major Rally Ahead
- How to find penny stocks to invest and trade
- How Super Micro Computer Stock Is Defying the Market Sell-Off
- How to Choose Top Rated Stocks
- AppLovin vs. HPE: Which Tech Stock Can Bounce Back Faster?
Receive News & Ratings for Manhattan Bridge Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Manhattan Bridge Capital and related companies with MarketBeat.com's FREE daily email newsletter.