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PMC Commercial Trust (NASDAQ:CMCT) Director Richard S. Ressler acquired 1,800 shares of PMC Commercial Trust stock on the open market in a transaction dated Friday, August 1st. The shares were purchased at an average price of $21.09 per share, with a total value of $37,962.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

PMC Commercial Trust (NASDAQ:CMCT) traded down 1.19% during mid-day trading on Friday, hitting $20.83. 2,502 shares of the company’s stock traded hands. PMC Commercial Trust has a 52-week low of $20.83 and a 52-week high of $50.00. The stock has a 50-day moving average of $21.68 and a 200-day moving average of $31.15. The company has a market cap of $2.032 billion and a P/E ratio of 35.61.

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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