News stories about Sachem Capital Corp (NASDAQ:SACH) have trended somewhat positive on Friday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sachem Capital Corp earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave press coverage about the company an impact score of 47.3487189253195 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Shares of Sachem Capital Corp (NASDAQ SACH) traded up 6.45% during trading on Friday, hitting $4.95. The stock had a trading volume of 2,325 shares. The company has a market capitalization of $54.96 million and a P/E ratio of 18.00. The firm has a 50-day moving average of $4.73 and a 200 day moving average of $4.94. Sachem Capital Corp has a 1-year low of $3.72 and a 1-year high of $5.35.

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Sachem Capital Corp Company Profile

Sachem Capital Corp. is a real estate finance company. The Company specializes in originating, underwriting, funding, servicing and managing a portfolio of short-term loans secured by first mortgage liens on real property located primarily in Connecticut. The loan is also personally guaranteed by the principals of the borrower, which guaranty is typically collaterally secured by a pledge of the guarantor’s interest in the borrower.

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