Standard Mercantile Acquisition Corp. (TSE:SMA – Get Free Report) (NYSE:SMT) was down 3.8% on Monday . The company traded as low as C$0.25 and last traded at C$0.25. Approximately 123,500 shares traded hands during mid-day trading, an increase of 667% from the average daily volume of 16,109 shares. The stock had previously closed at C$0.26.
Standard Mercantile Acquisition Trading Down 3.8 %
The company has a market capitalization of C$1.83 million, a P/E ratio of 3.57 and a beta of 0.49. The firm’s 50 day moving average price is C$0.25.
About Standard Mercantile Acquisition
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.
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