Urbana Co. (TSE:URB – Get Free Report)’s share price shot up 1.9% during mid-day trading on Friday. The stock traded as high as C$9.09 and last traded at C$9.09. 351 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 2,404 shares. The stock had previously closed at C$8.92.
Urbana Trading Up 1.9%
The business’s 50 day moving average price is C$9.02 and its 200-day moving average price is C$9.17. The company has a market cap of C$375.74 million, a price-to-earnings ratio of 3.42 and a beta of 0.27. The company has a debt-to-equity ratio of 6.27, a quick ratio of 0.02 and a current ratio of 1.29.
Urbana Company Profile
The Corporations objectives are to seek out and invest in private investment opportunities for capital appreciation and to invest in publicly traded securities to provide growth, income and liquidity. For the foreseeable future, the strategy of Urbana is to continue to search for and acquire investments for income and capital appreciation within the financial services industry.
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