Urbana (TSE:URB) Announces Quarterly Earnings Results

Urbana (TSE:URB) posted its earnings results on Thursday. The company reported C$0.53 earnings per share for the quarter, FiscalAI reports. Urbana had a net margin of 146.38% and a return on equity of 13.92%.

Urbana Stock Performance

URB opened at C$9.40 on Friday. The stock has a market capitalization of C$389.11 million, a price-to-earnings ratio of 5.63 and a beta of 0.07. The company has a fifty day moving average of C$9.41 and a 200 day moving average of C$9.14. Urbana has a fifty-two week low of C$5.70 and a fifty-two week high of C$11.00. The company has a debt-to-equity ratio of 4.84, a quick ratio of 0.02 and a current ratio of 0.06.

About Urbana

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.