Urbana (TSE:URB) Stock Price Down 1.1% – What’s Next?

Urbana Co. (TSE:URB)’s stock price traded down 1.1% during mid-day trading on Friday . The stock traded as low as C$9.00 and last traded at C$9.00. 902 shares traded hands during trading, a decline of 79% from the average session volume of 4,199 shares. The stock had previously closed at C$9.10.

Urbana Stock Down 1.1%

The company has a market cap of C$372.56 million, a price-to-earnings ratio of 3.90 and a beta of 0.33. The firm has a 50 day moving average price of C$9.50 and a two-hundred day moving average price of C$8.32.

Urbana (TSE:URB) last announced its earnings results on Wednesday, November 12th. The company reported C$0.96 EPS for the quarter. Urbana had a return on equity of 16.84% and a net margin of 205.53%.

About Urbana

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.