Wall Financial (TSE:WFC) Sets New 52-Week High – Still a Buy?

Wall Financial Co. (TSE:WFC)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$19.49 and last traded at C$18.77, with a volume of 1300 shares traded. The stock had previously closed at C$18.70.

Wall Financial Stock Up 2.4%

The firm has a 50-day moving average of C$16.97 and a two-hundred day moving average of C$16.53. The firm has a market cap of C$621.87 million, a price-to-earnings ratio of 18.75 and a beta of 1.06. The company has a current ratio of 0.07, a quick ratio of 0.10 and a debt-to-equity ratio of 396.94.

Wall Financial (TSE:WFC) last released its earnings results on Friday, June 12th. The company reported C$0.13 earnings per share (EPS) for the quarter. The firm had revenue of C$37.22 million for the quarter. Wall Financial had a return on equity of 15.90% and a net margin of 18.34%.

Wall Financial Company Profile

Wall Financial Corp is in the development and management of residential rental units, development and construction of residential housing for resale, and the development and management of hotel properties. The company owns and manages two hotel properties in Metro Vancouver namely the Sheraton Vancouver Wall Centre Hotel and the Westin Wall Centre Vancouver Airport Hotel. The company operates in three segments of the real estate industry namely, Ownership and management of revenue-producing residential and commercial properties (Rental), Ownership and management of hotel properties (Hotel), and the development and sale of residential housing (Development).