22Nw LP acquired a new stake in MFC Bancorp Ltd. (NYSE:MFCB) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 124,220 shares of the financial services provider’s stock, valued at approximately $1,167,000. 22Nw LP owned about 0.99% of MFC Bancorp as of its most recent SEC filing.
Separately, Robert W. Baird reissued a “buy” rating on shares of MFC Bancorp in a report on Thursday, October 5th.
MFC Bancorp Ltd. (MFCB) traded up $0.01 during trading hours on Wednesday, reaching $8.07. The company had a trading volume of 9,800 shares, compared to its average volume of 12,458. The company has a quick ratio of 2.07, a current ratio of 2.14 and a debt-to-equity ratio of 0.17. MFC Bancorp Ltd. has a 1-year low of $7.15 and a 1-year high of $11.35.
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MFC Bancorp Profile
MFC Bancorp Ltd., formerly FC Industrial Ltd., is a finance and supply chain company. The Company facilitates the working capital and other requirements of its customers. Its business activities involve customized structured financial solutions and are supported by captive sources and products secured from third parties.
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