Terra Firma Capital (CVE:TII) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

Terra Firma Capital Co. (CVE:TII – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$7.25 and traded as high 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 Performance

The business has a 50-day moving average price of C$7.25 and a 200-day moving average price of C$7.25. The company has a quick ratio of 15.63, a current ratio of 6.01 and a debt-to-equity ratio of 184.83. The firm has a market capitalization of C$40.46 million, a price-to-earnings ratio of 22.66 and a beta of 0.63.

About Terra Firma Capital

(Get Free Report)

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.

Further Reading

• Five stocks we like better than Terra Firma Capital
• What is the Australian Securities Exchange (ASX)
• Rocket Lab’s Big Rebound? Analysts Suggest the Dip’s a Gift
• What Are Treasury Bonds?
• Meta’s AI Moment? New SAM 3 Model Has Wall Street Turning Bullish
• What is the MACD Indicator and How to Use it in Your Trading
• Snowflake Stock: The Dip That Smart Investors Are Buying Right Now