Tremont Mortgage Trust (TRMT) Reaches $13.98 Low on Feb, 15; First Acceptance (FAC)’s Sentiment Is 1.33

February 15, 2018 - By Henry Gaston

The stock of Tremont Mortgage Trust (NASDAQ:TRMT) reached all time low today, Feb, 15 and still has $12.86 target or 8.00% below today’s $13.98 share price. This indicates more downside for the $43.33 million company. This technical setup was reported by Barchart.com. If the $12.86 PT is reached, the company will be worth $3.47M less. The stock decreased 0.53% or $0.074 during the last trading session, reaching $13.976. About 20,252 shares traded. Tremont Mortgage Trust (NASDAQ:TRMT) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

First Acceptance Corporation, through its subsidiaries, operates as a retailer, servicer, and underwriter of non-standard personal automobile insurance and other ancillary products in the United States. The company has market cap of $48.20 million. The firm operates through two divisions, Insurance, and Real Estate and Corporate. It currently has negative earnings. It issues automobile insurance policies to individuals who are categorized as non-standard based primarily on their inability or unwillingness to obtain insurance coverage from standard carriers due to various factors, including their payment history or need for monthly payment plans, failure to maintain continuous insurance coverage, or driving record.

Tremont Mortgage Trust, a real estate finance company, focuses on originating and investing in first mortgage loans secured by middle market and transitional commercial real estates. The company has market cap of $43.33 million. It intends to qualify for taxation as a REIT for the U.S. federal income tax purposes. It currently has negative earnings. The firm was founded in 2000 and is based in Newton, Massachusetts.

The stock increased 0.87% or $0.01 during the last trading session, reaching $1.17. About 253 shares traded. First Acceptance Corporation (FAC) has declined 10.95% since February 15, 2017 and is downtrending. It has underperformed by 27.65% the S&P500.

Second Curve Capital Llc holds 1.76% of its portfolio in First Acceptance Corporation for 4.10 million shares. First Wilshire Securities Management Inc owns 350,000 shares or 0.11% of their US portfolio. Moreover, Bank Of America Corp De has 0% invested in the company for 93 shares. The New York-based Bank Of New York Mellon Corp has invested 0% in the stock. Blackrock Inc., a New York-based fund reported 144,516 shares.

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