Urbana (TSE:URB) Shares Up 1.6% – Here’s Why

Urbana Co. (TSE:URBGet Free Report) was up 1.6% during trading on Monday . The company traded as high as C$10.23 and last traded at C$9.28. Approximately 3,100 shares were traded during mid-day trading, a decline of 8% from the average daily volume of 3,374 shares. The stock had previously closed at C$9.13.

Urbana Trading Up 1.6%

The company has a debt-to-equity ratio of 3.54, a quick ratio of 0.02 and a current ratio of 0.07. The firm has a market capitalization of C$384.15 million, a P/E ratio of 4.02 and a beta of 0.14. The firm has a 50 day simple moving average of C$9.63 and a two-hundred day simple moving average of C$8.60.

About Urbana

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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.

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