Emergent Capital (OTCMKTS:EMGC) was upgraded by equities research analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a research note issued to investors on Friday.

Emergent Capital (OTCMKTS EMGC) traded up $0.02 on Friday, hitting $0.40. The stock had a trading volume of 70,792 shares, compared to its average volume of 111,086. 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 has a 52 week low of $0.19 and a 52 week high of $1.50.

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

In related news, CEO Patrick J. Curry acquired 74,716 shares of the stock in a transaction that occurred on Tuesday, September 26th. The shares were acquired at an average price of $0.45 per share, for a total transaction of $33,622.20. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Antony Mitchell sold 5,000,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 31st. The shares were sold at an average price of $0.20, for a total transaction of $1,000,000.00. The disclosure for this sale can be found here. In the last ninety days, insiders have bought 150,404 shares of company stock worth $64,615. Corporate insiders own 33.30% of the company’s stock.

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About Emergent Capital

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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