Firm Capital Mortgage Investment Co. (OTCMKTS:FCMGF – Get Free Report)’s share price dropped 2.7% during mid-day trading on Wednesday. The company traded as low as $7.5540 and last traded at $7.5540. Approximately 200 shares traded hands during trading, a decline of 96% from the average daily volume of 5,381 shares. The stock had previously closed at $7.76.
Firm Capital Mortgage Investment Stock Performance
The stock has a fifty day moving average of $8.10 and a two-hundred day moving average of $8.54.
About Firm Capital Mortgage Investment
Firm Capital Mortgage Investment Corporation is a Canadian mortgage investment corporation that provides financing secured by residential, commercial and industrial real estate. The company operates as a non-bank lender, investing in mortgage loans and other real estate-related debt instruments rather than accepting traditional retail deposits.
Its lending activities include short- and medium-term mortgage financing, bridge loans, construction loans and conventional mortgage loans. Firm Capital serves property owners, developers and investors seeking financing for acquisitions, refinancing, development and other real estate projects.
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