Urbana (TSE:URB) Trading Down 0.9% – Here’s Why

Urbana Co. (TSE:URBGet Free Report)’s share price fell 0.9% on Friday . The company traded as low as C$8.79 and last traded at C$8.79. 800 shares were traded during trading, a decline of 68% from the average session volume of 2,482 shares. The stock had previously closed at C$8.87.

Urbana Stock Performance

The firm has a market capitalization of C$363.34 million, a price-to-earnings ratio of 3.30 and a beta of 0.07. The firm has a 50 day moving average price of C$9.02 and a 200-day moving average price of C$9.22. The company has a debt-to-equity ratio of 6.27, a current ratio of 1.29 and a quick ratio of 0.02.

About Urbana

(Get Free Report)

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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