Capital Financial Global Keeps Falling While Volume Stays Up (CFGX)

Capital Financial Global (OTC: CFGX) fell a dismal 20% to a share price of $0.0040 in today’s trading session in over-the-counter market, continuing it’s less than attractive performance this year.  Trading volume remained up at 1.25 million shares, bypassing its average of 633,681.

With today’s decline, Capital Financial Global has a total loss of 60% since New Year’s Day.

Investors may see bounce-back potential in Capital Financial Global since the stock has been trading at historical lows recently.

The volume accumulation may also be linked to the company’s recent headlines:

Capital Financial Global is a specialty finance company that provides asset-backed financing and loan advisory services to insurance trusts and pension funds, owners of commercial real estate, owners of residential real estate portfolios, and owners of mining and precious metals assets.

Unlike traditional banking models, Capital Financial Global helps organizations obtain needed liquidity by using an asset-backed approach rather than a traditional credit approach to originating new loans, buying and selling existing loans, and converting distressed collateral into cash or tradable form.

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Published by Fiona Gibson

Fiona is a finance graduate and an expert in analyzing market trends.