The stock of Financial 15 Split Corp. (TSE:FTN) is a huge mover today! About 14,334 shares traded hands. Financial 15 Split Corp. (TSE:FTN) has declined 0.47% since March 24, 2016 and is downtrending. It has underperformed by 3.95% the S&P500.
The move comes after 5 months positive chart setup for the $160.54 million company. It was reported on Oct, 31 by Barchart.com. We have $20.12 PT which if reached, will make TSE:FTN worth $219.94M more.
More notable recent Financial 15 Split Corp. (TSE:FTN) news were published by: Marketwired.com which released: “Financial 15 Split Corp. Announces Successful Overnight Offering” on November 20, 2015, also Marketwired.com with their article: “Financial 15 Split Corp. II Announces Overnight Offering” published on July 22, 2014, Marketwired.com published: “North American Financial 15 Split Corp.: Regular Monthly Dividend Declaration …” on June 20, 2016. More interesting news about Financial 15 Split Corp. (TSE:FTN) were released by: Marketwired.com and their article: “Financial 15 Split Corp. II Announces Name Change” published on March 13, 2015 as well as Theglobeandmail.com‘s news article titled: “Clearing up the confusion over split shares” with publication date: March 15, 2011.
Financial 15 Split Corporation is a mutual fund company, which invests primarily in over 15 Canadian and the United States financial services companies. The company has a market cap of $160.54 million. It offers over two types of shares, such as Preferred Shares and Class A Shares. It currently has negative earnings. The Company’s investment objectives with respect to Preferred Shares are to provide holders of Preferred Shares with cumulative preferential monthly cash dividends in an amount of over 5.25% annually and to pay the holders of the Preferred Shares approximately $10 per Preferred Share on or about the termination date.
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