Roy Patterson Purchases 38,330 Shares of Emergent Capital, Inc. (EMGC) Stock
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.
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.
Receive News & Stock Ratings for Emergent Capital Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emergent Capital Inc. and related stocks with our FREE daily email newsletter.