Urbana Co. (TSE:URB – Get Free Report) shares were up 1.9% during mid-day trading on Friday. The stock traded as high as C$9.09 and last traded at C$9.09. 351 shares traded hands during trading, a decline of 85% from the average daily volume of 2,404 shares. The stock had previously closed at C$8.92.
Urbana Stock Performance
The firm has a fifty day simple moving average of C$9.02 and a 200 day simple moving average of C$9.17. The company has a current ratio of 1.29, a quick ratio of 0.02 and a debt-to-equity ratio of 6.27. The stock has a market cap of C$375.74 million, a price-to-earnings ratio of 3.42 and a beta of 0.27.
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.
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