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

Urbana Co. (TSE:URB – Get Free Report) dropped 0.9% during mid-day trading on Monday. The stock traded as low as C$8.99 and last traded at C$9.00. 1,821 shares changed hands during mid-day trading, a decline of 20% from the average session volume of 2,285 shares. The stock had previously closed at C$9.08.

Urbana Stock Down 0.9%

The company has a debt-to-equity ratio of 6.27, a current ratio of 1.29 and a quick ratio of 0.02. The business’s 50 day moving average price is C$8.98 and its 200 day moving average price is C$9.22. The firm has a market cap of C$372.02 million, a PE ratio of 3.38 and a beta of 0.27.

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.

Further Reading

Receive News & Ratings for Urbana Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Urbana and related companies with MarketBeat.com's FREE daily email newsletter.