Urbanfund (CVE:UFC) Hits New 52-Week High – Still a Buy?

Urbanfund Corp. (CVE:UFCGet Free Report)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$1.03 and last traded at C$1.02, with a volume of 6000 shares. The stock had previously closed at C$0.90.

Urbanfund Price Performance

The business has a 50-day moving average price of C$0.85 and a 200 day moving average price of C$0.84. The company has a market cap of C$54.89 million, a price-to-earnings ratio of 6.67 and a beta of 0.02. The company has a current ratio of 1.21, a quick ratio of 0.47 and a debt-to-equity ratio of 70.76.

Urbanfund Company Profile

(Get Free Report)

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.

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