Sachem Capital Corp. 7.125% Not (OTCMKTS:SCCB – Get Free Report) shares traded down 0% during mid-day trading on Friday. The company traded as low as $24.98 and last traded at $24.98. 400 shares traded hands during trading, a decline of 88% from the average session volume of 3,395 shares. The stock had previously closed at $24.99.
Sachem Capital Corp. 7.125% Not Stock Performance
The stock’s 50 day moving average price is $24.98 and its 200-day moving average price is $24.98.
Sachem Capital Corp. 7.125% Not Company Profile
Sachem Capital Corp. is a real estate finance company organized as a mortgage real estate investment trust (REIT). Through its subsidiaries, the company originates, underwrites, funds, services and manages a portfolio of short-term loans secured by first mortgages on residential and commercial properties. The company generally provides financing to real estate investors, developers and other borrowers who may need flexible funding for property acquisitions, construction, renovations, refinancing or other real estate-related purposes.
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