Firm Capital Mortgage Investment (FCMGF) Expected to Post Earnings on Thursday

Firm Capital Mortgage Investment (OTCMKTS:FCMGF) is anticipated to issue its resultson Thursday, August 6th. Analysts expect Firm Capital Mortgage Investment to post earnings of $0.1726 per share and revenue of $9.8580 million for the quarter.

Firm Capital Mortgage Investment Trading Down 2.5%

Firm Capital Mortgage Investment stock traded down $0.21 during mid-day trading on Tuesday, hitting $8.36. The company had a trading volume of 6,550 shares, compared to its average volume of 5,927. Firm Capital Mortgage Investment has a 12 month low of $7.15 and a 12 month high of $9.08. The stock’s 50 day moving average price is $8.57 and its two-hundred day moving average price is $8.71.

Analyst Upgrades and Downgrades

Separately, National Bank Financial initiated coverage on shares of Firm Capital Mortgage Investment in a research note on Monday, June 29th. They issued a “sector perform” rating on the stock. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Firm Capital Mortgage Investment has an average rating of “Hold”.

Firm Capital Mortgage Investment Company Profile

Firm Capital Mortgage Investment is a publicly traded mortgage investment entity that focuses on originating, acquiring and managing a diversified portfolio of commercial mortgage loans. Headquartered in Canada, the company provides debt financing solutions secured by real estate assets, with an emphasis on first and second mortgages. By targeting structured lending opportunities, Firm Capital Mortgage Investment seeks to deliver stable interest income to its shareholders.

The company’s core activities include underwriting commercial mortgages for industrial, multi-residential, office and retail properties, as well as specialty projects that require tailored financing structures.