Emergent Capital (OTCMKTS:EMGC) Stock Price Passes Above Fifty Day Moving Average of $0.17

Emergent Capital Inc (OTCMKTS:EMGC)’s share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $0.17 and traded as high as $0.22. Emergent Capital shares last traded at $0.22, with a volume of 58,900 shares traded.

The firm has a fifty day moving average price of $0.17. The company has a debt-to-equity ratio of 3.86, a current ratio of 0.73 and a quick ratio of 0.73.

Emergent Capital Company Profile (OTCMKTS:EMGC)

Emergent Capital, Inc, a specialty finance company, invests in life settlements. As of November 31, 2018, it owned a portfolio of 588 life insurance policies. The company was formerly known as Imperial Holdings, Inc and changed its name to Emergent Capital, Inc in September 2015. Emergent Capital, Inc was founded in 2006 and is based in Boca Raton, Florida.

Further Reading: Dividend Yield

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