Shares of Broadmark Realty Capital Inc. (NYSE:BRMK) traded today at $11.10, eclipsing its 52-week high. Approximately 258,000 shares have changed hands today, as compared to an average 30-day volume of 974,000 shares.
Broadmark Realty Capital Inc is an internally managed real estate investment trust offering short-term, first deed of trust loans secured by real estate to fund the acquisition, renovation, rehabilitation or development of residential or commercial properties. Its primary source of revenue is from interest income earned on loan portfolio.
Broadmark Realty Capital Inc. share prices have moved between a 52-week high of $11.10 and a 52-week low of $8.72 and are now trading 26% above that low price at $10.96 per share.
There is potential upside of 8.6% for shares of Broadmark Realty Capital Inc. based on a current price of $10.96 and an average consensus analyst price target of $11.90.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About InvestorBrandNetwork (IBN)
InvestorBrandNetwork (IBN) consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign.
For more information, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer