BKF Capital Group (OTCMKTS:BKFG) Trading Down 5.1% – Here’s Why

BKF Capital Group Inc. (OTCMKTS:BKFG)’s stock price was down 5.1% on Thursday . The company traded as low as $94.00 and last traded at $94.00. Approximately 100 shares changed hands during trading, an increase of 39,900% from the average daily volume of 0 shares. The stock had previously closed at $99.00.

BKF Capital Group Price Performance

The company has a market cap of $54.52 million, a P/E ratio of 1,880.38 and a beta of -0.49. The company has a fifty day simple moving average of $73.66 and a 200-day simple moving average of $50.33.

BKF Capital Group Company Profile

BKF Capital Group (OTCMKTS:BKFG) is a real estate investment company specializing in the acquisition, management and disposition of residential mortgage loans and related mortgage servicing rights. The firm targets both non-performing and re-performing residential loan portfolios, purchasing these assets from financial institutions, government-sponsored enterprises and servicers. By acquiring distressed loans at a discount, BKF Capital Group seeks to generate returns through loan workouts, modifications and eventual loan sales.

Once loans are acquired, BKF Capital Group employs its in-house servicing platform to manage borrower relationships, implement loss mitigation strategies and pursue portfolio optimization.