Standard Mercantile Acquisition (TSE:SMA) Shares Cross Below 200-Day Moving Average of $0.55

Standard Mercantile Acquisition Corp. (TSE:SMAGet Free Report) (NYSE:SMT) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.55 and traded as low as C$0.25. Standard Mercantile Acquisition shares last traded at C$0.25, with a volume of 123,500 shares changing hands.

Standard Mercantile Acquisition Stock Performance

The business has a 50 day simple moving average of C$0.22 and a two-hundred day simple moving average of C$0.55. The stock has a market cap of C$1.83 million, a price-to-earnings ratio of 3.57 and a beta of 0.49.

Standard Mercantile Acquisition Company Profile

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Standard Mercantile Acquisition Corp. does not have signification operations. Previously, it was engaged in funding a portfolio of first ranking mortgages that generated returns. The company was formerly known as Trez Capital Senior Mortgage Investment Corporation and changed its name to Standard Mercantile Acquisition Corp.

Further Reading

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