Urbanfund (CVE:UFC) Stock Price Down 2.3% – What’s Next?

Urbanfund Corp. (CVE:UFC) dropped 2.3% during trading on Wednesday . The stock traded as low as C$0.86 and last traded at C$0.86. Approximately 6,629 shares were traded during trading, an increase of 43% from the average daily volume of 4,648 shares. The stock had previously closed at C$0.88.

Urbanfund Trading Down 2.3 %

The company has a market capitalization of C$46.05 million, a price-to-earnings ratio of 7.17 and a beta of 0.67. The company has a current ratio of 1.13, a quick ratio of 0.47 and a debt-to-equity ratio of 70.99. The business’s 50 day moving average price is C$0.83 and its two-hundred day moving average price is C$0.83.

Urbanfund (CVE:UFC) last issued its earnings results on Monday, August 26th. The company reported C$0.02 earnings per share for the quarter. Urbanfund had a net margin of 35.30% and a return on equity of 9.85%. The firm had revenue of C$2.27 million for the quarter.

Urbanfund Company Profile

Urbanfund Corp. owns, develops, and operates a real estate portfolio for residential and commercial properties in Canada. The company focuses on identifying, evaluating, and investing in real estate and real estate related projects. Its assets are located in Toronto, Belleville, and London, Ontario; and Quebec City and Montreal, Quebec.