22Nw LP Invests $1.17 Million in MFC Bancorp Ltd. (MFCB)

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.

COPYRIGHT VIOLATION WARNING: This article was first posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this article on another publication, it was illegally stolen and reposted in violation of U.S. and international trademark and copyright laws. The correct version of this article can be viewed at https://ledgergazette.com/2017/12/06/22nw-lp-invests-1-17-million-in-mfc-bancorp-ltd-mfcb.html.

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.

Want to see what other hedge funds are holding MFCB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MFC Bancorp Ltd. (NYSE:MFCB).

Receive News & Ratings for MFC Bancorp Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MFC Bancorp Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply