Findev (CVE:FDI) Trading Up 2.5% – Here’s Why

Findev Inc. (CVE:FDIGet Free Report) shot up 2.5% during mid-day trading on Tuesday . The stock traded as high as C$0.41 and last traded at C$0.41. 1,750 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 6,187 shares. The stock had previously closed at C$0.40.

Findev Trading Up 2.5%

The company has a market cap of C$11.75 million, a price-to-earnings ratio of -41.00 and a beta of 0.20. The business has a 50-day moving average price of C$0.41 and a 200 day moving average price of C$0.42.

Findev Company Profile

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Findev Inc, a real estate finance company, provides real estate financing secured by investment properties and real estate developments in the Greater Toronto Area, Canada. It targets real estate projects that include condominiums, townhouses, purpose-built rentals, low-rise/subdivisions, and retail developments. The company was formerly known as TransGaming Inc and changed its name to Findev Inc in October 2016. Findev Inc was incorporated in 2004 and is based in Toronto, Canada.

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