Shares of Tremont Mortgage Trust (NASDAQ:TRMT) hit a new 52-week low during trading on Monday . The stock traded as low as $10.24 and last traded at $10.24, with a volume of 200 shares trading hands. The stock had previously closed at $10.50.
The company has a debt-to-equity ratio of 0.88, a quick ratio of 50.82 and a current ratio of 50.82.
Tremont Mortgage Trust (NASDAQ:TRMT) last issued its earnings results on Friday, November 2nd. The company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.06 by ($0.08). The business had revenue of $0.82 million during the quarter.
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About Tremont Mortgage Trust (NASDAQ:TRMT)
Tremont Mortgage Trust, a real estate investment trust (REIT), focuses on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate in the United States. The company qualifies as a REIT for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders.
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