Princeton Capital (OTCMKTS:PIAC) Stock Price Down 34.7%

Princeton Capital Co. (OTCMKTS:PIACGet Free Report) dropped 34.7% during trading on Tuesday . The company traded as low as $0.20 and last traded at $0.20. Approximately 8,638 shares traded hands during trading, an increase of 55% from the average daily volume of 5,588 shares. The stock had previously closed at $0.31.

Princeton Capital Stock Performance

The firm’s 50 day simple moving average is $0.27 and its 200 day simple moving average is $0.24.

About Princeton Capital

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Princeton Capital Corporation is a business development company specializing in the private equity investments. The fund specializes in making investments in lower middle market in form of mezzanine, mezzanine debt, first lien loans, second lien loans, notes, bonds, subordinated debt, leverage buyouts, add on acquisitions, recapitalization, refinancings, growth financing and debt financing investments.

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