Timbercreek Financial Corp. (OTCMKTS:TBCRF – Get Free Report) shares dropped 1.9% during mid-day trading on Monday . The stock traded as low as $3.93 and last traded at $3.96. 1,560 shares were traded during trading, a decline of 91% from the average session volume of 17,139 shares. The stock had previously closed at $4.0380.
Wall Street Analysts Forecast Growth
Separately, TD Securities reaffirmed a “hold” rating on shares of Timbercreek Financial in a research note on Friday, July 31st. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, Timbercreek Financial has an average rating of “Hold”.
Get Our Latest Report on TBCRF
Timbercreek Financial Price Performance
The stock has a 50 day moving average price of $4.30 and a 200 day moving average price of $4.62.
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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