Terra Firma Capital (CVE:TII) Share Price Crosses Below 50-Day Moving Average – Here’s Why

Terra Firma Capital Co. (CVE:TII) crossed below its fifty day moving average during trading on Friday . 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 trading hands.

Terra Firma Capital Stock Down 0.5%

The company has a debt-to-equity ratio of 184.83, a current ratio of 6.01 and a quick ratio of 15.63. The stock has a market cap of C$40.46 million, a PE ratio of 22.66 and a beta of 0.63. The business has a fifty day moving average of C$7.25 and a 200-day moving average of 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. The company was incorporated in 2007 and is based in Toronto, Canada.