PMC Commercial Trust Director Richard S. Ressler Purchases 3,700 Shares (CMCT)
PMC Commercial Trust (NASDAQ:CMCT) Director Richard S. Ressler bought 3,700 shares of PMC Commercial Trust stock in a transaction that occurred on Wednesday, May 28th. The stock was purchased at an average cost of $22.82 per share, for a total transaction of $84,434.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of PMC Commercial Trust (NASDAQ:CMCT) traded up 0.66% on Wednesday, hitting $23.00. 6,111 shares of the company’s stock traded hands. PMC Commercial Trust has a one year low of $21.45 and a one year high of $51.20. The stock has a 50-day moving average of $22.79 and a 200-day moving average of $38.24. The company has a market cap of $2.244 billion and a price-to-earnings ratio of 38.60.
CIM Commerical Trust Corp, formerly PMC Commercial Trust, together with its wholly owned subsidiaries is a real estate investment trust (NASDAQ:CMCT) that primarily originates loans to small businesses collateralized by first liens on the real estate of the related business.
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