Emergent Capital (OTCMKTS:EMGCQ) Trading Down 6.5% – Here’s What Happened

Emergent Capital, Inc. (OTCMKTS:EMGCQGet Free Report) was down 6.5% during trading on Friday . The stock traded as low as $0.22 and last traded at $0.22. Approximately 29,400 shares traded hands during mid-day trading, The stock had previously closed at $0.24.

Emergent Capital Stock Performance

The business’s fifty day moving average price is $0.22 and its two-hundred day moving average price is $0.22.

Emergent Capital Company Profile

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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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