Timbercreek Financial Corp. (OTCMKTS:TBCRF – Get Free Report)’s share price dropped 0.4% during mid-day trading on Thursday . The company traded as low as $4.70 and last traded at $4.70. Approximately 7,458 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 20,267 shares. The stock had previously closed at $4.72.
Timbercreek Financial Price Performance
The business’s 50-day moving average price is $4.87 and its 200-day moving average price is $4.94.
About Timbercreek Financial
Timbercreek Financial Corp. provides shorter-duration structured financing solutions to commercial real estate investors in Canada. It focuses on lending against income-producing real estate properties, such as multi-residential, office, and retail buildings in urban markets. The company was founded in 2016 and is headquartered in Toronto, Canada.
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