Pender Growth Fund (CVE:PTF) Shares Down 2.1%

Pender Growth Fund Inc. (CVE:PTF)’s stock price was down 2.1% on Tuesday . The stock traded as low as C$10.60 and last traded at C$10.61. Approximately 8,300 shares traded hands during trading, an increase of 42% from the average daily volume of 5,862 shares. The stock had previously closed at C$10.84.

Pender Growth Fund Trading Down 0.3 %

The company has a market capitalization of C$77.02 million, a price-to-earnings ratio of 1.99 and a beta of 0.56. The company has a debt-to-equity ratio of 3.37, a quick ratio of 51.12 and a current ratio of 0.11. The business’s 50-day simple moving average is C$10.62 and its 200-day simple moving average is C$8.80.

Pender Growth Fund Company Profile

Pender Growth Fund Inc specializes in later stage, special situations, and restructuring investments. The fund also provides expansion capital and invests in small caps and Eligible Small Businesses ("ESBs"). It seeks to invest in illiquid public and private companies in information technology, communications, life sciences, and proprietary technologies sectors and undervalued technology companies.