Urbana (TSE:URB) Shares Down 4.6% – What’s Next?

Urbana Co. (TSE:URBGet Free Report) was down 4.6% during trading on Friday . The stock traded as low as C$9.05 and last traded at C$9.05. Approximately 801 shares changed hands during trading, a decline of 69% from the average daily volume of 2,570 shares. The stock had previously closed at C$9.49.

Urbana Trading Down 4.6%

The firm has a market cap of C$374.46 million, a PE ratio of 3.40 and a beta of 0.01. The company has a quick ratio of 0.02, a current ratio of 1.29 and a debt-to-equity ratio of 6.27. The company’s 50 day moving average price is C$8.97 and its two-hundred day moving average price is C$9.25.

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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