Home Capital Group (OTCMKTS:GMICF) Stock Price Down 1%

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Shares of Home Capital Group Inc. (OTCMKTS:GMICF) were down 1% during mid-day trading on Wednesday . The company traded as low as $38.05 and last traded at $38.46, approximately 2,500 shares changed hands during mid-day trading. A decline of 64% from the average daily volume of 6,916 shares. The stock had previously closed at $38.86.

A number of equities research analysts have commented on GMICF shares. Royal Bank of Canada upgraded Home Capital Group from a “sector perform” rating to an “outperform” rating in a report on Tuesday, July 9th. CIBC raised Home Capital Group from an “underperform” rating to a “neutral” rating in a research report on Wednesday, July 31st.

The company’s 50 day simple moving average is $37.15.

About Home Capital Group (OTCMKTS:GMICF)

Genworth MI Canada Inc, through its subsidiaries, operates as a private residential mortgage insurer in Canada. It provides mortgage default insurance to residential mortgage homebuyers, lenders, brokers, and realtors. The company was founded in 1995 and is headquartered in Oakville, Canada.

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