Firm Capital Mortgage Investment (TSE:FC) Stock Price Passes Above 200 Day Moving Average of $11.27

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Shares of Firm Capital Mortgage Investment Corp (TSE:FC) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $11.27 and traded as high as $11.67. Firm Capital Mortgage Investment shares last traded at $11.63, with a volume of 9,366 shares traded.

The company has a market cap of $332.36 million and a price-to-earnings ratio of 12.51. The company has a current ratio of 7.53, a quick ratio of 7.52 and a debt-to-equity ratio of 63.67. The firm’s 50-day moving average price is C$12.14 and its 200 day moving average price is C$11.26.

Firm Capital Mortgage Investment (TSE:FC) last issued its quarterly earnings results on Thursday, August 6th. The company reported C$0.24 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of C$0.23 by C$0.01. The business had revenue of C$11.21 million for the quarter. Analysts forecast that Firm Capital Mortgage Investment Corp will post 0.9599999 earnings per share for the current fiscal year.

About Firm Capital Mortgage Investment (TSE:FC)

Firm Capital Mortgage Investment Corporation, through its mortgage banker Firm Capital Corporation, provides residential and commercial real estate finance in Canada. It engages in originating, funding, purchasing, and servicing mortgage investments. The company offers mortgage services, such as real estate financing, real estate investment financing, capital market services, and loan servicing and advisory services; lending programs, including construction and development lending, investment property financing, short term lending, bridge finance, mezzanine and equity investments, capital market facilities, residential and non-conventional house lending, and condominium capital improvement loans, as well as special situations loans; and various types of lending facilities to mortgage brokers.

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