The stock of Builders Capital Mortgage Corp (CVE:BCF) is a huge mover today! About 7,281 shares traded hands or 1134.07% up from the average. Builders Capital Mortgage Corp (CVE:BCF) has risen 6.00% since October 17, 2016 and is uptrending. It has outperformed by 1.31% the S&P500.
The move comes after 9 months negative chart setup for the $13.18M company. It was reported on Nov, 16 by Barchart.com. We have $8.27 PT which if reached, will make CVE:BCF worth $1.58 million less.
More notable recent Builders Capital Mortgage Corp (CVE:BCF) news were published by: Marketwired.com which released: “Builders Capital Mortgage Corp. Announces Class B Non-Voting Share Distribution” on October 25, 2016, also Marketwired.com with their article: “Builders Capital Mortgage Corp. Announces Intention to Complete Class A Non …” published on July 27, 2016, Business.Financialpost.com published: “Six months later Builders Capital set to go public” on November 01, 2013. More interesting news about Builders Capital Mortgage Corp (CVE:BCF) were released by: Bloomberg.com and their article: “Housing Industry Groups Oppose Fannie and Freddie Capital Boost” published on June 08, 2016 as well as Seekingalpha.com‘s news article titled: “American Capital Agency: Buh-Bye!” with publication date: June 28, 2016.
Builders Capital Mortgage Corp. is a mortgage investment corporation . The company has a market cap of $13.18 million. The Company’s principal business is to acquire, originate and maintain a portfolio consisting primarily of construction mortgages that are secured by development-stage residential real property. It has a 10.22 P/E ratio. The Company’s investment objective is to maintain a portfolio of mortgages that generates attractive returns, relative to risk, in order to permit it to pay distributions to its shareholders.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.