Firm Capital American Realty Prtnrs (CVE:FCA) Trading Down 26.8% – Here’s Why

Firm Capital American Realty Prtnrs Corp (CVE:FCA) was down 26.8% during mid-day trading on Tuesday . The company traded as low as C$7.17 and last traded at C$7.17. 1,800 shares traded hands during trading, an increase of 44% from the average daily volume of 1,249 shares. The stock had previously closed at C$9.80.

Analyst Upgrades and Downgrades

Separately, Ventum Cap Mkts upgraded shares of Firm Capital American Realty Prtnrs to a “hold” rating in a report on Friday, August 9th.

Firm Capital American Realty Prtnrs Trading Down 26.8 %

The stock has a market cap of C$49.72 million and a PE ratio of 11.64. The firm has a 50-day moving average price of C$7.17 and a 200-day moving average price of C$7.17. The company has a debt-to-equity ratio of 42.76, a quick ratio of 3.69 and a current ratio of 4.24.

Firm Capital American Realty Prtnrs (CVE:FCA) last issued its earnings results on Wednesday, August 7th. The company reported C($0.51) earnings per share (EPS) for the quarter. The business had revenue of C$2.86 million for the quarter.

About Firm Capital American Realty Prtnrs

Firm Capital American Realty Partners Corp. focuses on capital partnership investing in the U.S. income producing real estate and mortgage debt investments. It intends to acquire income producing U.S. real estate assets in the United States; and create a real estate debt and equity lending platform, which focuses on providing bridge mortgage loans and joint venture capital.