Terra Firma Capital (CVE:TII) Shares Pass Above Fifty Day Moving Average – Here’s Why

Terra Firma Capital Co. (CVE:TIIGet Free Report) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$7.25 and traded as high as C$7.25. Terra Firma Capital shares last traded at C$7.25, with a volume of 7,000 shares.

Terra Firma Capital Price Performance

The stock has a market capitalization of C$40.45 million, a price-to-earnings ratio of 22.66 and a beta of 0.63. The company has a quick ratio of 15.62, a current ratio of 6.01 and a debt-to-equity ratio of 184.83. The business’s 50 day simple moving average is C$7.25 and its 200-day simple moving average is C$7.25.

Terra Firma Capital Company Profile

(Get Free Report)

Terra Firma Capital Corporation provides real estate financings to homebuilders, developers, and property owners in the United States and Canada. The company focuses on the provision of commercial and residential development land and project financing for urban and suburban developments. Its services include first and second mortgages and mezzanine financing; and land banking, acquisition and development loans, and selected equity financings. The company was incorporated in 2007 and is based in Toronto, Canada.

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