MMA Capital Management (NASDAQ:MMAC) posted its quarterly earnings data on Friday. The financial services provider reported $1.41 EPS for the quarter, Morningstar.com reports. MMA Capital Management had a net margin of 127.87% and a return on equity of 7.26%. The business had revenue of $2.81 million during the quarter.
Shares of NASDAQ MMAC remained flat at $$26.25 during midday trading on Friday. 137 shares of the stock traded hands, compared to its average volume of 8,245. The company has a current ratio of 32.13, a quick ratio of 12.64 and a debt-to-equity ratio of 1.09. MMA Capital Management has a twelve month low of $23.70 and a twelve month high of $30.58. The stock has a market capitalization of $150.38 million, a price-to-earnings ratio of 10.89 and a beta of 0.42.
In other MMA Capital Management news, Director James Christopher Hunt acquired 1,000 shares of the stock in a transaction dated Thursday, August 30th. The stock was acquired at an average price of $26.95 per share, with a total value of $26,950.00. Following the completion of the purchase, the director now owns 3,500 shares in the company, valued at approximately $94,325. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last three months, insiders bought 20,277 shares of company stock valued at $547,300. Insiders own 18.30% of the company’s stock.
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MMA Capital Management Company Profile
MMA Capital Management, LLC creates and manages investments in housing and renewable energy sectors in the United States and internationally. Its investments in debt securities comprises multifamily tax-exempt bonds, as well as other real estate related bond investments. The company offers leveraged bonds; low-income housing tax credits; asset management and administrative services to a limited liability company and a commercial bank; and guarantees to the institutional investors related to the receipt of tax credits.
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