MMA Capital Holdings Inc (NASDAQ:MMAC) Insider Michael L. Falcone Buys 391 Shares
MMA Capital Holdings Inc (NASDAQ:MMAC) insider Michael L. Falcone purchased 391 shares of the company’s stock in a transaction dated Tuesday, November 5th. The stock was bought at an average cost of $32.49 per share, for a total transaction of $12,703.59. Following the completion of the transaction, the insider now owns 332,816 shares in the company, valued at $10,813,191.84. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.
Shares of MMAC traded up $0.35 during mid-day trading on Friday, reaching $33.00. The company had a trading volume of 1 shares, compared to its average volume of 9,864. The company has a debt-to-equity ratio of 0.50, a quick ratio of 4.01 and a current ratio of 28.76. The firm has a 50-day moving average price of $30.76 and a 200 day moving average price of $31.30. MMA Capital Holdings Inc has a 52 week low of $20.02 and a 52 week high of $35.50. The company has a market capitalization of $192.20 million, a price-to-earnings ratio of 14.98 and a beta of 0.65.
MMA Capital (NASDAQ:MMAC) last announced its quarterly earnings data on Friday, August 9th. The financial services provider reported $3.95 earnings per share for the quarter. MMA Capital had a net margin of 108.21% and a return on equity of 25.12%. The company had revenue of $27.09 million during the quarter.
A number of analysts have recently commented on the company. TheStreet raised MMA Capital from a “c+” rating to a “b+” rating in a research report on Monday, October 7th. ValuEngine raised MMA Capital from a “sell” rating to a “hold” rating in a research report on Friday, November 1st.
MMA Capital Company Profile
MMA Capital Holdings, Inc invests in debt associated with renewable energy infrastructure and real estate sectors. Its energy capital portfolio invests in loans that finance renewable energy projects in North America. The company was formerly known as MMA Capital Management, LLC and changed its name to MMA Capital Holdings, Inc in January 2019.
Recommended Story: What are the disadvantages of after-hours trading?
Receive News & Ratings for MMA Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MMA Capital and related companies with MarketBeat.com's FREE daily email newsletter.