Terra Firma Capital (CVE:TII) Share Price Crosses Below 50-Day Moving Average – Here’s Why

Terra Firma Capital Co. (CVE:TII) shares crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$7.25 and traded as low as C$7.25. Terra Firma Capital shares last traded at C$7.25, with a volume of 7,000 shares changing hands.

Terra Firma Capital Stock Down 0.5%

The company has a debt-to-equity ratio of 184.83, a current ratio of 6.01 and a quick ratio of 15.63. The business’s fifty day simple moving average is C$7.25 and its two-hundred day simple moving average is C$7.25. The company has a market cap of C$40.46 million, a PE ratio of 22.66 and a beta of 0.63.

Terra Firma Capital Company Profile

Terra Firma Capital Corporation provides real estate financings to homebuilders, developers, and property owners in the United States and Canada. The company focuses on the provision of commercial and residential development land and project financing for urban and suburban developments. Its services include first and second mortgages and mezzanine financing; and land banking, acquisition and development loans, and selected equity financings.