Firm Capital Mortgage Investment (OTCMKTS:FCMGF) Trading Up 0.6% – Here’s Why

Shares of Firm Capital Mortgage Investment Co. (OTCMKTS:FCMGFGet Free Report) traded up 0.6% during mid-day trading on Thursday . The company traded as high as $8.62 and last traded at $8.62. 400 shares were traded during mid-day trading, a decline of 84% from the average session volume of 2,450 shares. The stock had previously closed at $8.57.

Firm Capital Mortgage Investment Trading Up 0.6%

The business’s fifty day simple moving average is $8.46 and its 200 day simple moving average is $8.70.

About Firm Capital Mortgage Investment

(Get Free Report)

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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