Urbana (TSE:URB) Stock Price Up 3.2% – Should You Buy?

Urbana Co. (TSE:URB)’s share price rose 3.2% on Thursday . The stock traded as high as C$6.09 and last traded at C$6.09. Approximately 4,623 shares traded hands during trading, an increase of 173% from the average daily volume of 1,693 shares. The stock had previously closed at C$5.90.

Urbana Stock Up 3.2 %

The company’s 50 day moving average price is C$5.80 and its two-hundred day moving average price is C$5.47. The firm has a market cap of C$60.90 million, a PE ratio of 2.53 and a beta of 0.70. The company has a current ratio of 0.06, a quick ratio of 0.02 and a debt-to-equity ratio of 10.34.

Urbana (TSE:URB) last announced its quarterly earnings data on Tuesday, November 12th. The company reported C$0.58 earnings per share (EPS) for the quarter. Urbana had a net margin of 78.31% and a return on equity of 28.02%.

Urbana Company Profile

Urbana Corporation is an investment fund launched and managed by Caldwell Investment Management Ltd. For its equity investment the fund primarily invests in public equity markets of United States and Canada. The fund primarily focuses on U.S. financial companies and Canadian resource companies for equity investments.