Emergent Capital, Inc. (OTCMKTS:EMGC) Director Roy Patterson acquired 38,330 shares of the business’s stock in a transaction dated Wednesday, November 22nd. The shares were bought at an average cost of $0.37 per share, for a total transaction of $14,182.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Emergent Capital, Inc. (EMGC) traded down $0.01 on Wednesday, hitting $0.37. 53,821 shares of the company were exchanged, compared to its average volume of 75,620. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.52. Emergent Capital, Inc. has a 12 month low of $0.19 and a 12 month high of $1.89.

Emergent Capital (OTCMKTS:EMGC) last posted its earnings results on Thursday, November 2nd. The financial services provider reported $0.03 earnings per share for the quarter. Emergent Capital had a negative net margin of 42.49% and a negative return on equity of 12.80%. The company had revenue of $24.49 million for the quarter.

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Emergent Capital Company Profile

Emergent Capital, Inc, formerly Imperial Holdings, Inc, is a specialty finance company that invests in asset classes, primarily life settlements. The Company, through its subsidiary companies, owns a portfolio of approximately 630 life insurance policies (life settlements). The Company purchases individual policies and portfolios of life insurance policies and manages those assets based on actuarial and market data.

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