Mosaic Capital (CVE:M) Shares Cross Below 200-Day Moving Average of $5.45

Shares of Mosaic Capital Corp (CVE:M) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.45 and traded as low as $5.05. Mosaic Capital shares last traded at $5.05, with a volume of 1,500 shares changing hands.

Separately, Canaccord Genuity reduced their price objective on Mosaic Capital from C$7.50 to C$7.00 in a research note on Tuesday, August 20th.

The company has a market capitalization of $53.36 million and a PE ratio of 48.56. The company has a current ratio of 1.68, a quick ratio of 1.56 and a debt-to-equity ratio of 94.79. The firm has a 50 day simple moving average of C$5.15 and a two-hundred day simple moving average of C$5.44.

About Mosaic Capital (CVE:M)

Mosaic Capital Corporation is a private equity firm specializing in acquisitions, growth capital, mature, buyouts, and middle market investments. It prefers to invest in consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, telecommunication services, utilities sectors and infrastructure, distribution, construction, business services, oil and gas services, manufacturing and real estate industries.

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