New Commerce Split Fund (TSE:YCM) Trading Up 2.1% – Should You Buy?

New Commerce Split Fund (TSE:YCMGet Free Report)’s stock price traded up 2.1% on Wednesday . The stock traded as high as C$4.80 and last traded at C$4.80. 100 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 1,950 shares. The stock had previously closed at C$4.70.

New Commerce Split Fund Price Performance

The company has a market cap of C$4.44 million and a PE ratio of 3.38. The business’s 50 day moving average is C$4.56 and its 200-day moving average is C$3.18.

New Commerce Split Fund Company Profile

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New Commerce Split Fund is an equity mutual fund launched and managed by Quadravest Capital Management Inc The fund invests in the equity shares of Canadian Imperial Bank of Commerce. It was formerly known as Commerce Split Fund. New Commerce Split Fund was launched on November 27, 2006 and is domiciled in Canada.

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