Crown Capital Partners (TSE:CRWN) Stock Price Up 15.5% – Time to Buy?

Crown Capital Partners Inc. (TSE:CRWN)’s share price rose 15.5% during mid-day trading on Wednesday . The company traded as high as C$0.83 and last traded at C$0.67. Approximately 2,505 shares changed hands during mid-day trading, a decline of 18% from the average daily volume of 3,055 shares. The stock had previously closed at C$0.58.

Crown Capital Partners Price Performance

The stock has a market cap of C$3.65 million, a PE ratio of -0.91 and a beta of 0.69. The business’s 50-day simple moving average is C$0.59 and its 200-day simple moving average is C$0.61. The company has a quick ratio of 0.56, a current ratio of 0.62 and a debt-to-equity ratio of 1,386.12.

Crown Capital Partners (TSE:CRWN) last posted its earnings results on Tuesday, February 17th. The company reported C$0.29 earnings per share for the quarter. The company had revenue of C$35.48 million during the quarter. Crown Capital Partners had a negative net margin of 3.95% and a negative return on equity of 80.01%. On average, research analysts expect that Crown Capital Partners Inc. will post 0.0256223 EPS for the current fiscal year.

About Crown Capital Partners

Crown Capital Partners Inc provides investment management services. It is a speciality finance company that provides capital to middle-market companies. The firm offers long-term financing and special situation financing. It provides tailored financing solutions with minimal or no ownership dilution. Its financing solutions include subordinated term and bridge loans, perpetual debt, income streaming, and royalties. The company operates through the below segments namely, Specialty finance, Network services, Distributed Power, Real estate, Corporate and other.