Emergent Capital (OTCMKTS:EMGC) Stock Price Crosses Above 200-Day Moving Average of $0.00

Emergent Capital, Inc. (OTCMKTS:EMGCGet Rating)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.00 and traded as high as $0.34. Emergent Capital shares last traded at $0.32, with a volume of 4,586,300 shares changing hands.

The business’s 50 day moving average price is $0.32. The company has a current ratio of 22.38, a quick ratio of 22.38 and a debt-to-equity ratio of 1.86. The company has a market capitalization of $50.77 million, a PE ratio of 0.67 and a beta of -1.56.

About Emergent Capital (OTCMKTS:EMGC)

Emergent Capital, Inc engages in the business of owning a portfolio of life insurance policies. The firm invests primarily in life settlements, which provides liquidity for the owners of life insurance policies that face a short-term cash need or can no longer afford their insurance premiums. The company was founded on December 15, 2006 and is headquartered in Boca Raton, FL.

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