Firm Capital American Realty Prtnrs (CVE:FCA) Shares Down 26.8% – Here’s What Happened

Firm Capital American Realty Prtnrs Corp (CVE:FCAGet Free Report)’s share price dropped 26.8% on Monday . The company traded as low as C$7.17 and last traded at C$7.17. Approximately 1,800 shares traded hands during mid-day trading, an increase of 44% from the average daily volume of 1,249 shares. The stock had previously closed at C$9.80.

Firm Capital American Realty Prtnrs Stock Down 26.8%

The company has a market capitalization of C$49.72 million and a price-to-earnings ratio of 11.64. The company has a debt-to-equity ratio of 42.76, a current ratio of 4.24 and a quick ratio of 3.69. The firm’s fifty day moving average price is C$7.17 and its 200-day moving average price is C$7.17.

Firm Capital American Realty Prtnrs Company Profile

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Firm Capital American Realty Partners Corp. focuses on capital partnership investing in the U.S. income producing real estate and mortgage debt investments. It intends to acquire income producing U.S. real estate assets in the United States; and create a real estate debt and equity lending platform, which focuses on providing bridge mortgage loans and joint venture capital. The company was formerly known as Delavaco Residential Properties Corp. and changed its name to Firm Capital American Realty Partners Corp.

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