Urbana (TSE:URB) Trading 2% Higher – Here’s Why

Urbana Co. (TSE:URBGet Free Report)’s stock price rose 2% during mid-day trading on Monday . The company traded as high as C$9.60 and last traded at C$9.59. Approximately 8,185 shares traded hands during mid-day trading, an increase of 138% from the average daily volume of 3,434 shares. The stock had previously closed at C$9.40.

Urbana Price Performance

The company has a market capitalization of C$396.98 million, a price-to-earnings ratio of 5.74 and a beta of 0.07. The stock has a fifty day simple moving average of C$9.40 and a 200-day simple moving average of C$9.16. The company has a debt-to-equity ratio of 4.84, a current ratio of 0.06 and a quick ratio of 0.02.

Urbana (TSE:URBGet Free Report) last announced its earnings results on Thursday, May 7th. The company reported C$0.53 earnings per share for the quarter. Urbana had a return on equity of 13.92% and a net margin of 146.38%.

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

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