Shares of Emergent Capital, Inc. (OTCMKTS:EMGCQ – Get Free Report) fell 6.5% during trading on Thursday . The stock traded as low as $0.22 and last traded at $0.22. 29,400 shares traded hands during trading, a decline of 54% from the average session volume of 64,426 shares. The stock had previously closed at $0.24.
Emergent Capital Trading Down 6.5 %
The firm’s 50-day moving average price is $0.22 and its 200-day moving average price 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.
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