Terra Firma Capital (CVE:TII) Stock Passes Above 50 Day Moving Average – Here’s Why

Shares of Terra Firma Capital Co. (CVE:TII) crossed above its 50-day moving average during trading on Monday . 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 Trading Down 0.5%

The stock has a market cap of C$40.45 million, a PE ratio of 22.66 and a beta of 0.63. The company has a debt-to-equity ratio of 184.83, a quick ratio of 15.62 and a current ratio of 6.01. The stock has a fifty day moving average price of C$7.25 and a 200 day moving average price of C$7.25.

Terra Firma Capital Company Profile

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. The company was incorporated in 2007 and is based in Toronto, Canada.