Urbana (TSE:URB) Trading Up 0.2% – Here’s Why

Shares of Urbana Co. (TSE:URBGet Free Report) rose 0.2% on Friday . The company traded as high as C$8.75 and last traded at C$8.60. Approximately 1,462 shares traded hands during mid-day trading, a decline of 57% from the average daily volume of 3,375 shares. The stock had previously closed at C$8.58.

Urbana Stock Performance

The stock has a market cap of C$356.00 million, a price-to-earnings ratio of 3.72 and a beta of 0.30. The company has a 50-day simple moving average of C$8.14 and a two-hundred day simple moving average of C$7.36.

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

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.

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