Firm Capital American Realty Prtnrs (CVE:FCA) Trading Down 26.8% – Here’s Why

Firm Capital American Realty Prtnrs Corp (CVE:FCA)’s stock price fell 26.8% during mid-day trading on Monday . The stock traded as low as C$7.17 and last traded at C$7.17. 1,800 shares traded hands during trading, an increase of 44% from the average daily volume of 1,249 shares. The stock had previously closed at C$9.80.

Firm Capital American Realty Prtnrs Price Performance

The company has a market cap of C$49.72 million and a PE ratio of 11.64. The stock has a fifty day moving average price of C$7.17 and a 200-day moving average price of C$7.17. The company has a debt-to-equity ratio of 42.76, a current ratio of 4.24 and a quick ratio of 3.69.

About Firm Capital American Realty Prtnrs

Firm Capital American Realty Partners Corp. focuses on capital partnership investing in the U.S. income producing real estate and mortgage debt investments. It intends to acquire income producing U.S. real estate assets in the United States; and create a real estate debt and equity lending platform, which focuses on providing bridge mortgage loans and joint venture capital. The company was formerly known as Delavaco Residential Properties Corp. and changed its name to Firm Capital American Realty Partners Corp.