Firm Capital American Realty Prtnrs (CVE:FCA) Trading Down 26.8% – What’s Next?

Firm Capital American Realty Prtnrs Corp (CVE:FCA)’s share price fell 26.8% during mid-day trading on Friday . The stock traded as low as C$7.17 and last traded at C$7.17. 1,800 shares traded hands during trading, an increase of 44% from the average session volume of 1,249 shares. The stock had previously closed at C$9.80.

Firm Capital American Realty Prtnrs Stock Down 26.8%

The company has a current ratio of 4.24, a quick ratio of 3.69 and a debt-to-equity ratio of 42.76. The company has a market capitalization of C$49.72 million and a price-to-earnings ratio of 11.64. The firm’s fifty day simple moving average is C$7.17 and its two-hundred day simple moving average is C$7.17.

About Firm Capital American Realty Prtnrs

Firm Capital American Realty Partners Corp. focuses on capital partnership investing in the U.S. income producing real estate and mortgage debt investments. It intends to acquire income producing U.S. real estate assets in the United States; and create a real estate debt and equity lending platform, which focuses on providing bridge mortgage loans and joint venture capital. The company was formerly known as Delavaco Residential Properties Corp. and changed its name to Firm Capital American Realty Partners Corp.