Timbercreek Financial (OTCMKTS:TBCRF) Trading Down 1.1% – Here’s What Happened

Timbercreek Financial Corp. (OTCMKTS:TBCRFGet Free Report) traded down 1.1% on Friday . The stock traded as low as $4.43 and last traded at $4.43. 47,720 shares were traded during mid-day trading, an increase of 174% from the average session volume of 17,436 shares. The stock had previously closed at $4.48.

Wall Street Analyst Weigh In

Separately, TD Securities restated a “hold” rating on shares of Timbercreek Financial in a research report on Friday, July 31st. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Timbercreek Financial presently has a consensus rating of “Hold”.

Get Our Latest Stock Analysis on TBCRF

Timbercreek Financial Stock Performance

The stock’s 50 day moving average price is $4.52 and its two-hundred day moving average price is $4.78.

About Timbercreek Financial

(Get Free Report)

Timbercreek Financial Corp. provides shorter-duration structured financing solutions to commercial real estate investors in Canada. It focuses on lending against income-producing real estate properties, such as multi-residential, office, and retail buildings in urban markets. The company was founded in 2016 and is headquartered in Toronto, Canada.

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