Terra Firma Capital (CVE:TII) Shares Cross Below Fifty Day Moving Average – Here’s What Happened

Terra Firma Capital Co. (CVE:TII)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$7.25 and traded as low as C$7.25. Terra Firma Capital shares last traded at C$7.25, with a volume of 7,000 shares trading hands.

Terra Firma Capital Stock Performance

The stock’s 50 day moving average is C$7.25 and its two-hundred day moving average is C$7.25. The firm has a market capitalization of C$40.46 million, a P/E ratio of 22.66 and a beta of 0.63. The company has a debt-to-equity ratio of 184.83, a current ratio of 6.01 and a quick ratio of 15.63.

About Terra Firma Capital

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.