Emergent Capital, Inc. (OTCMKTS:EMGCQ – Get Free Report)’s share price traded down 6.5% during mid-day trading on Wednesday . The company traded as low as $0.22 and last traded at $0.22. 29,400 shares were traded during trading, a decline of 54% from the average session volume of 64,426 shares. The stock had previously closed at $0.24.
Emergent Capital Stock Down 6.5 %
The firm’s fifty day simple moving average is $0.22 and its 200 day simple moving average is $0.22.
Emergent Capital Company Profile
Emergent Capital, Inc, a specialty finance company, invests in life settlements. As of August 31, 2020, it owned a portfolio of 500 life insurance policies. The company was formerly known as Imperial Holdings, Inc and changed its name to Emergent Capital, Inc in September 2015. The company was founded in 2006 and is based in Boca Raton, Florida.
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