Firm Capital Mortgage Investment (OTCMKTS:FCMGF) Stock Price Up 0.3% – Here’s What Happened

Shares of Firm Capital Mortgage Investment Co. (OTCMKTS:FCMGFGet Free Report) traded up 0.3% during trading on Thursday . The company traded as high as $8.46 and last traded at $8.46. 114 shares traded hands during trading, a decline of 90% from the average session volume of 1,089 shares. The stock had previously closed at $8.4380.

Firm Capital Mortgage Investment Price Performance

The stock’s fifty day simple moving average is $8.46 and its 200-day simple moving average is $8.74.

Firm Capital Mortgage Investment Company Profile

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Firm Capital Mortgage Investment is a publicly traded mortgage investment entity that focuses on originating, acquiring and managing a diversified portfolio of commercial mortgage loans. Headquartered in Canada, the company provides debt financing solutions secured by real estate assets, with an emphasis on first and second mortgages. By targeting structured lending opportunities, Firm Capital Mortgage Investment seeks to deliver stable interest income to its shareholders.

The company’s core activities include underwriting commercial mortgages for industrial, multi-residential, office and retail properties, as well as specialty projects that require tailored financing structures.

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