Emergent Capital (OTCMKTS:EMGCQ) Shares Down 6.5% – Time to Sell?

Shares of Emergent Capital, Inc. (OTCMKTS:EMGCQ) were down 6.5% during trading on Thursday . The company traded as low as $0.22 and last traded at $0.22. Approximately 29,400 shares changed hands during trading, The stock had previously closed at $0.24.

Emergent Capital Stock Performance

The company’s fifty day simple moving average is $0.22 and its two-hundred day simple moving average is $0.22.

Emergent Capital Company Profile

Emergent Capital, Inc, a specialty finance company, invests in life settlements. As of August 31, 2020, it owned a portfolio of 500 life insurance policies. The company was formerly known as Imperial Holdings, Inc and changed its name to Emergent Capital, Inc in September 2015. The company was founded in 2006 and is based in Boca Raton, Florida.