Emergent Capital, Inc. (OTCMKTS:EMGCQ – Get Free Report) shares were down 6.5% during mid-day trading on Thursday. The stock traded as low as $0.22 and last traded at $0.2201. 29,400 shares traded hands during mid-day trading, The stock had previously closed at $0.2354.
Emergent Capital Price Performance
The business’s 50-day simple moving average is $0.22 and its two-hundred day simple moving average is $0.22.
Emergent Capital Company Profile
Emergent Capital, Inc, formerly known as Imperial Holdings, Inc, was a specialty finance company focused primarily on life insurance-related assets. Its historical business included investing in life settlement policies, financing life insurance premiums, and managing portfolios connected with life insurance trusts and other alternative assets.
The company served institutional and private investors through investment vehicles and structured transactions involving life insurance policies.
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