Manhattan Bridge Capital (LOAN) Announces Quarterly Results
Manhattan Bridge Capital (NASDAQ:LOAN) posted its quarterly earnings results on Wednesday. The company reported $0.10 EPS for the quarter, American Banking & Market News reports.
Shares of Manhattan Bridge Capital (NASDAQ:LOAN) opened at 2.39 on Wednesday. Manhattan Bridge Capital has a one year low of $1.52 and a one year high of $4.00. The stock has a 50-day moving average of $2.94 and a 200-day moving average of $2.2. The company has a market cap of $14.5 million and a price-to-earnings ratio of 16.21.
Manhattan Bridge Capital, Inc (NASDAQ:LOAN), through its wholly owned subsidiaries, offer short-term, secured, nonbanking loans to real estate investors to fund their acquisition and construction of properties located in the New York Metropolitan area.
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