Builders Capital Mortgage (CVE:BCF) Shares Down 0.7% – Here’s Why

Builders Capital Mortgage Corp. (CVE:BCF) dropped 0.7% during mid-day trading on Friday . The stock traded as low as C$9.40 and last traded at C$9.40. Approximately 250 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 1,873 shares. The stock had previously closed at C$9.47.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a C$10.93 price objective on shares of Builders Capital Mortgage and gave the stock a “buy” rating in a research note on Tuesday, September 9th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of C$10.93.

Builders Capital Mortgage Stock Down 0.7%

The firm has a market cap of C$29.52 million, a P/E ratio of 8.39 and a beta of 0.10. The company’s 50 day simple moving average is C$9.54 and its 200-day simple moving average is C$9.24.

Builders Capital Mortgage Company Profile

Builders Capital Mortgage Corp. is headquartered in Calgary, Alberta, Canada.