Shares of Urbanfund Corp. (CVE:UFC – Get Free Report) shot up 7% on Wednesday . The stock traded as high as C$0.92 and last traded at C$0.92. 5,548 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 8,678 shares. The stock had previously closed at C$0.86.
Urbanfund Stock Performance
The stock has a market cap of C$49.51 million, a price-to-earnings ratio of 6.01 and a beta of -0.05. The company’s 50 day simple moving average is C$0.91 and its 200 day simple moving average is C$0.86. The company has a debt-to-equity ratio of 70.76, a quick ratio of 0.47 and a current ratio of 1.21.
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. Urbanfund Corp. was incorporated in 1997 and is headquartered in Toronto, Canada.
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