CM Finance (NASDAQ:CMFN) Share Price Passes Below 200-Day Moving Average of $4.02

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CM Finance Inc (NASDAQ:CMFN) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.02 and traded as low as $3.41. CM Finance shares last traded at $3.45, with a volume of 40,943 shares trading hands.

The business’s fifty day moving average price is $3.70 and its 200-day moving average price is $4.00. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.16 and a current ratio of 0.16. The stock has a market cap of $47.53 million, a PE ratio of 2.51 and a beta of 1.29.

About CM Finance (NASDAQ:CMFN)

CM Finance Inc is a business development company specializing in loan, mezzanine, middle market, growth capital, and recapitalization investments. The fund typically invests in United States and Europe. Within United States, the fund seeks to invest in Midatlantic, Midwest, Northeast, Southeast, and West Coast regions.

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