Founders Advantage Capital (CVE:FCF) Shares Down 2.1%

Founders Advantage Capital Corp (CVE:FCF)’s stock price fell 2.1% on Monday . The stock traded as low as C$1.43 and last traded at C$1.43, 2,300 shares traded hands during mid-day trading. A decline of 80% from the average session volume of 11,572 shares. The stock had previously closed at C$1.46.

The firm has a fifty day simple moving average of C$1.24 and a two-hundred day simple moving average of C$1.15. The stock has a market cap of $55.75 million and a PE ratio of -4.01. The company has a current ratio of 0.74, a quick ratio of 0.55 and a debt-to-equity ratio of 69.25.

In other Founders Advantage Capital news, Director Christopher Mark Kayat purchased 43,200 shares of the stock in a transaction on Monday, December 23rd. The shares were purchased at an average price of C$1.25 per share, with a total value of C$54,000.00. Following the acquisition, the director now directly owns 3,018,400 shares in the company, valued at approximately C$3,773,000.

About Founders Advantage Capital (CVE:FCF)

Founders Advantage Capital Corp. operates as an investment issuer. The firm invests in equity, debt, or other securities of publicly traded companies or middle market privately held entities; and offers financing services in exchange for pre-determined royalties or distributions. It does not invest in commodities, energy, and natural resources.

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