Crown Capital Partners (TSE:CRWN) Shares Down 22.6% – Here’s Why

Crown Capital Partners Inc. (TSE:CRWN) shares traded down 22.6% during mid-day trading on Wednesday . The company traded as low as C$0.62 and last traded at C$0.65. 2,000 shares changed hands during mid-day trading, a decline of 31% from the average session volume of 2,906 shares. The stock had previously closed at C$0.84.

Crown Capital Partners Stock Down 22.6%

The company has a market capitalization of C$3.89 million, a PE ratio of -0.22 and a beta of 0.47. The firm’s 50 day simple moving average is C$0.60 and its 200 day simple moving average is C$0.68.

Crown Capital Partners (TSE:CRWN) last released its earnings results on Friday, November 7th. The company reported C($0.05) earnings per share (EPS) for the quarter. Crown Capital Partners had a negative return on equity of 91.56% and a negative net margin of 52.73%.The firm had revenue of C$21.06 million during the quarter. As a group, sell-side analysts predict that Crown Capital Partners Inc. will post 0.0256223 EPS for the current fiscal year.

Crown Capital Partners Company Profile

Crown Capital Partners Inc provides investment management services. It is a speciality finance company that provides capital to middle-market companies. The firm offers long-term financing and special situation financing. It provides tailored financing solutions with minimal or no ownership dilution. Its financing solutions include subordinated term and bridge loans, perpetual debt, income streaming, and royalties. The company operates through the below segments namely, Specialty finance, Network services, Distributed Power, Real estate, Corporate and other.