Findev Inc. (CVE:FDI – Get Free Report) rose 4.4% during mid-day trading on Friday . The company traded as high as C$0.47 and last traded at C$0.47. Approximately 13,951 shares changed hands during trading, an increase of 49% from the average daily volume of 9,341 shares. The stock had previously closed at C$0.45.
Findev Trading Up 4.4 %
The company has a market capitalization of C$13.47 million, a price-to-earnings ratio of 6.71 and a beta of 0.69. The firm has a 50-day moving average price of C$0.42 and a 200-day moving average price of C$0.41.
Findev (CVE:FDI – Get Free Report) last issued its quarterly earnings results on Wednesday, August 28th. The company reported C$0.02 EPS for the quarter. Findev had a net margin of 57.76% and a return on equity of 8.36%. The firm had revenue of C$0.93 million for the quarter.
About Findev
Findev Inc, a real estate finance company, provides real estate financing secured by investment properties and real estate developments in the Greater Toronto Area, Canada. It targets real estate projects that include condominiums, townhouses, purpose-built rentals, low-rise/subdivisions, and retail developments.
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