Timbercreek Financial Corp. (TSE:TF - Get Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$7.24 and traded as low as C$7.03. Timbercreek Financial shares last traded at C$7.08, with a volume of 277,208 shares trading hands.
Analyst Upgrades and Downgrades
Separately, National Bankshares increased their price target on shares of Timbercreek Financial from C$8.00 to C$8.50 and gave the stock a "sector perform" rating in a research report on Wednesday, October 30th.
Check Out Our Latest Research Report on TF
Timbercreek Financial Price Performance
The stock has a 50-day moving average of C$7.23 and a two-hundred day moving average of C$7.64. The company has a current ratio of 7.36, a quick ratio of 145.00 and a debt-to-equity ratio of 132.31. The firm has a market cap of C$589.37 million, a price-to-earnings ratio of 9.73 and a beta of 1.23.
Timbercreek Financial (TSE:TF - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The company reported C$0.17 EPS for the quarter, hitting analysts' consensus estimates of C$0.17. Timbercreek Financial had a net margin of 70.41% and a return on equity of 8.73%. The firm had revenue of C$25.41 million during the quarter, compared to analyst estimates of C$28.54 million. On average, analysts anticipate that Timbercreek Financial Corp. will post 0.7300725 EPS for the current year.
Timbercreek Financial Company Profile
(
Get Free Report)
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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