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 $0.2201. Approximately 29,400 shares were traded during mid-day trading, The stock had previously closed at $0.2354.
Emergent Capital Trading Down 6.5%
The company has a 50-day moving average price of $0.22 and a 200-day moving average price of $0.22.
Emergent Capital Company Profile
Emergent Capital, Inc, formerly known as Imperial Holdings, Inc, was a specialty finance company focused primarily on life insurance-related assets. Its historical business included investing in life settlement policies, financing life insurance premiums, and managing portfolios connected with life insurance trusts and other alternative assets.
The company served institutional and private investors through investment vehicles and structured transactions involving life insurance policies.
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