Pender Growth Fund Inc. (CVE:PTF – Get Free Report) shares traded up 0.3% during mid-day trading on Tuesday . The stock traded as high as C$15.65 and last traded at C$15.65. 751 shares changed hands during mid-day trading, a decline of 81% from the average session volume of 3,938 shares. The stock had previously closed at C$15.60.
Pender Growth Fund Trading Up 0.3%
The stock has a market cap of C$109.64 million, a P/E ratio of 6.83 and a beta of 0.02. The firm has a 50-day simple moving average of C$15.01 and a two-hundred day simple moving average of C$14.68.
Pender Growth Fund Company Profile
Pender Growth Fund Inc specializes in later stage, special situations, and restructuring investments. The fund also provides expansion capital and invests in small caps and Eligible Small Businesses ("ESBs"). It seeks to invest in illiquid public and private companies in information technology, communications, life sciences, and proprietary technologies sectors and undervalued technology companies. The fund targets companies based in British Columbia, Canada. It typically invests over Cdn $500,000 ($0.51) or invests between Cdn $1.5 million ($1.53 million) and Cdn $3 million ($3.06 million) in each portfolio company with revenues between Cdn $5 million ($5.10 million) and Cdn $15 million ($15.30 million).
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