Urbanfund (CVE:UFC) Shares Up 6.1% – Here’s What Happened

Shares of Urbanfund Corp. (CVE:UFC) were up 6.1% on Wednesday . The stock traded as high as C$0.87 and last traded at C$0.87. Approximately 3,724 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 8,163 shares. The stock had previously closed at C$0.82.

Urbanfund Trading Up 6.1%

The company has a debt-to-equity ratio of 63.57, a quick ratio of 0.47 and a current ratio of 1.03. The company’s fifty day simple moving average is C$0.89 and its 200-day simple moving average is C$0.86. The company has a market capitalization of C$46.82 million, a P/E ratio of 5.69 and a beta of -0.06.

Urbanfund Company Profile

Urbanfund Corp. owns, develops, and operates a real estate portfolio for residential and commercial properties in Canada. The company focuses on identifying, evaluating, and investing in real estate and real estate related projects. Its assets are located in Toronto, Belleville, and London, Ontario; and Quebec City and Montreal, Quebec. Urbanfund Corp. was incorporated in 1997 and is headquartered in Toronto, Canada.