Firm Capital Mortgage Investment (TSE:FC) Share Price Passes Above 200-Day Moving Average of $0.00

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Firm Capital Mortgage Investment Corp (TSE:FC) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $13.77. Firm Capital Mortgage Investment shares last traded at $13.77, with a volume of 9,193 shares traded.

The business’s 50 day moving average price is C$13.60. The company has a quick ratio of 5.52, a current ratio of 5.52 and a debt-to-equity ratio of 75.98. The firm has a market cap of $386.46 million and a P/E ratio of 14.32.

Firm Capital Mortgage Investment (TSE:FC) last released its quarterly earnings results on Tuesday, May 7th. The company reported C$0.24 EPS for the quarter. The business had revenue of C$11.86 million during the quarter. Equities research analysts forecast that Firm Capital Mortgage Investment Corp will post 0.76 earnings per share for the current fiscal year.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, August 15th. Stockholders of record on Thursday, August 15th will be paid a $0.078 dividend. This represents a $0.94 annualized dividend and a dividend yield of 6.79%. The ex-dividend date is Tuesday, July 30th. Firm Capital Mortgage Investment’s payout ratio is 97.20%.

About Firm Capital Mortgage Investment (TSE:FC)

Firm Capital Mortgage Investment Corporation, through its mortgage banker Firm Capital Corporation, provides residential and commercial real estate finance in Canada. It engages in originating, funding, purchasing, and servicing mortgage investments. The company offers mortgage services, such as real estate financing, real estate investment financing, capital market services, and loan servicing and advisory services; lending programs, including construction and development lending, investment property financing, short term lending, bridge finance, mezzanine and equity investments, capital market facilities, residential and non-conventional house lending, and condominium capital improvement loans, as well as special situations loans; and various types of lending facilities to mortgage brokers.

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