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Manhattan Bridge Capital ( (LOAN) ) has shared an announcement.
MBC Funding II, a subsidiary of Manhattan Bridge Capital, announced the redemption of its 6.00% Senior Secured Notes, originally issued in 2016 with a principal amount of $6,000,000. The redemption is set for December 15, 2025, at a price equal to the outstanding principal plus accrued interest, after which the Notes will no longer be listed on the NYSE American.
The most recent analyst rating on (LOAN) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Manhattan Bridge Capital stock, see the LOAN Stock Forecast page.
Spark’s Take on LOAN Stock
According to Spark, TipRanks’ AI Analyst, LOAN is a Neutral.
The overall stock score of 68 reflects strong financial performance and attractive valuation, offset by bearish technical indicators. The company’s solid financial footing and high dividend yield are significant strengths, but the current negative market momentum and oversold technical conditions are notable risks.
To see Spark’s full report on LOAN stock, click here.
More about Manhattan Bridge Capital
Average Trading Volume: 35,828
Technical Sentiment Signal: Sell
Current Market Cap: $53.19M
For detailed information about LOAN stock, go to TipRanks’ Stock Analysis page.