Founders Advantage Capital (FCF) Rating Lowered to Market Perform at Raymond James

Raymond James cut shares of Founders Advantage Capital (CVE:FCF) from an outperform rating to a market perform rating in a research report report published on Tuesday. Raymond James currently has C$1.50 price target on the stock, down from their previous price target of C$3.00.

Separately, Canaccord Genuity cut their price target on Founders Advantage Capital from C$3.25 to C$3.00 in a research report on Thursday, August 23rd.

Shares of FCF stock opened at C$1.30 on Tuesday. The company has a quick ratio of 0.68, a current ratio of 0.86 and a debt-to-equity ratio of 40.36. Founders Advantage Capital has a 1 year low of C$1.25 and a 1 year high of C$2.40.

Founders Advantage Capital (CVE:FCF) last issued its earnings results on Tuesday, August 21st. The company reported C$0.02 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C($0.01) by C$0.03. The firm had revenue of C$35.63 million during the quarter, compared to analysts’ expectations of C$37.50 million. On average, equities research analysts anticipate that Founders Advantage Capital will post 0.0500000038461541 EPS for the current year.

Founders Advantage Capital Company Profile

Founders Advantage Capital Corp. operates as an investment issuer. The firm invests in equity, debt, or other securities of publicly traded companies or middle market privately held entities; and offers financing services in exchange for pre-determined royalties or distributions. It does not invest in commodities, energy, and natural resources.

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