Terra Firma Capital (CVE:TII) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Shares of Terra Firma Capital Co. (CVE:TII) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$7.25 and traded as low 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 firm has a fifty day moving average price of C$7.25 and a 200 day moving average price of C$7.25. The company has a debt-to-equity ratio of 184.83, a quick ratio of 15.62 and a current ratio of 6.01. The stock has a market cap of C$40.45 million, a PE ratio of 22.66 and a beta of 0.63.

About Terra Firma Capital

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.