Terra Firma Capital (CVE:TII) Share Price Passes Below 200-Day Moving Average – What’s Next?

Terra Firma Capital Co. (CVE:TII)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-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.

Terra Firma Capital Stock Performance

The firm has a 50-day moving average price of C$7.25 and a two-hundred day moving average price of C$7.25. The company has a quick ratio of 15.62, a current ratio of 6.01 and a debt-to-equity ratio of 184.83. The firm has a market cap of C$40.45 million, a PE ratio of 22.66 and a beta of 0.63.

Terra Firma Capital Company Profile

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.