Terra Firma Capital (CVE:TII) Share Price Passes Below Fifty Day Moving Average – What’s Next?

Shares of Terra Firma Capital Co. (CVE:TII) passed below its fifty day moving average during trading on Monday . The stock has a fifty 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 changing hands.

Terra Firma Capital Trading Down 0.5 %

The company has a debt-to-equity ratio of 184.83, a quick ratio of 15.63 and a current ratio of 6.01. The stock has a market capitalization of C$40.46 million, a P/E ratio of 22.66 and a beta of 0.63. The firm’s fifty day simple moving average is C$7.25 and its 200 day simple moving average is C$7.25.

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.