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PMC Commercial Trust (NASDAQ:CMCT) Director Richard S. Ressler purchased 2,600 shares of the stock in a transaction that occurred on Friday, August 8th. The shares were purchased at an average cost of $19.94 per share, for a total transaction of $51,844.00. The acquisition was disclosed in a filing with the SEC, which is available at this link.

PMC Commercial Trust (NASDAQ:CMCT) traded down 0.05% on Friday, hitting $19.82. The stock had a trading volume of 5,705 shares. PMC Commercial Trust has a 52-week low of $19.16 and a 52-week high of $50.00. The stock has a 50-day moving average of $21.43 and a 200-day moving average of $30.38. The company has a market cap of $1.934 billion and a P/E ratio of 33.50.

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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