The stock of Financial 15 Split Corp. (TSE:FTN) is a huge mover today! About 60,438 shares traded hands. Financial 15 Split Corp. (TSE:FTN) has risen 6.11% since April 22, 2016 and is uptrending. It has outperformed by 0.10% the S&P500.
The move comes after 9 months negative chart setup for the $171.75 million company. It was reported on Nov, 28 by Barchart.com. We have $8.35 PT which if reached, will make TSE:FTN worth $12.02 million less.
Another recent and important Financial 15 Split Corp. (TSE:FTN) news was published by Reuters.com which published an article titled: “BRIEF-Financial 15 Split Corp. announces overnight offering” on November 17, 2016.
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 $171.75 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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