Terra Firma Capital (CVE:TII) Stock Price Crosses Above 50-Day Moving Average – Here’s Why

Terra Firma Capital Co. (CVE:TII)’s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$7.25 and traded as high as C$7.25. Terra Firma Capital shares last traded at C$7.25, with a volume of 7,000 shares changing hands.

Terra Firma Capital Stock Performance

The stock has a market cap of C$40.46 million, a P/E ratio of 22.66 and a beta of 0.63. The company has a debt-to-equity ratio of 184.83, a current ratio of 6.01 and a quick ratio of 15.63. The firm’s 50-day moving average price is C$7.25 and its 200-day moving average price is C$7.25.

Terra Firma Capital Company Profile

Terra Firma Capital Corporation provides real estate financings to homebuilders, developers, and property owners in the United States and Canada. The company focuses on the provision of commercial and residential development land and project financing for urban and suburban developments. Its services include first and second mortgages and mezzanine financing; and land banking, acquisition and development loans, and selected equity financings. The company was incorporated in 2007 and is based in Toronto, Canada.