Builders Capital Mortgage (CVE:BCF) Shares Down 4% – Here’s What Happened

Builders Capital Mortgage Corp. (CVE:BCF) dropped 4% on Monday . The company traded as low as C$9.01 and last traded at C$9.22. Approximately 1,315 shares traded hands during trading, an increase of 5% from the average daily volume of 1,251 shares. The stock had previously closed at C$9.60.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a C$10.59 target price on shares of Builders Capital Mortgage and gave the company a “buy” rating in a report on Tuesday, December 9th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of C$10.59.

Builders Capital Mortgage Stock Down 4.0%

The stock has a market capitalization of C$28.95 million, a price-to-earnings ratio of 8.02 and a beta of 0.32. The company has a 50 day simple moving average of C$9.56 and a 200-day simple moving average of C$9.52.

About Builders Capital Mortgage

Builders Capital Mortgage Corp. is headquartered in Calgary, Alberta, Canada.