PMC Commercial Trust Director Richard S. Ressler Purchases 66,900 Shares (PMCT)
PMC Commercial Trust (NASDAQ:PMCT) Director Richard S. Ressler bought 66,900 shares of the company’s stock in a transaction that occurred on Wednesday, April 16th. The shares were purchased at an average price of $4.61 per share, for a total transaction of $308,409.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of PMC Commercial Trust (NASDAQ:PMCT) traded down 0.43% on Wednesday, hitting $4.59. The stock had a trading volume of 34,419 shares. PMC Commercial Trust has a 52 week low of $4.50 and a 52 week high of $10.24. The stock has a 50-day moving average of $7. and a 200-day moving average of $8.53. The company has a market cap of $2.239 billion and a P/E ratio of 148.71.
PMC Commercial Trust (NASDAQ:PMCT), together with its wholly owned subsidiaries is a real estate investment trust (REIT) that primarily originates loans to small businesses collateralized by first liens on the real estate of the related business.
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