Emergent Capital (OTCMKTS:EMGCQ) Stock Falls 6.5% – Here’s Why

Emergent Capital, Inc. (OTCMKTS:EMGCQ – Get Free Report)’s stock price dropped 6.5% during trading on Thursday. The stock traded as low as $0.22 and last traded at $0.2201. Approximately 29,400 shares traded hands during mid-day trading, The stock had previously closed at $0.2354.

Emergent Capital Stock Performance

The business has a 50 day moving average of $0.22 and a two-hundred day moving average of $0.22.

Emergent Capital Company Profile

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Emergent Capital, Inc, formerly known as Imperial Holdings, Inc, was a specialty finance company focused primarily on life insurance-related assets. Its historical business included investing in life settlement policies, financing life insurance premiums, and managing portfolios connected with life insurance trusts and other alternative assets.

The company served institutional and private investors through investment vehicles and structured transactions involving life insurance policies.

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