Urbanfund Corp. (CVE:UFC – Get Free Report) shot up 1.2% during mid-day trading on Wednesday . The company traded as high as C$0.87 and last traded at C$0.86. 12,950 shares traded hands during trading, an increase of 36% from the average session volume of 9,526 shares. The stock had previously closed at C$0.85.
Urbanfund Stock Performance
The company has a market capitalization of C$46.28 million, a price-to-earnings ratio of 5.62 and a beta of -0.06. The company has a current ratio of 1.03, a quick ratio of 0.47 and a debt-to-equity ratio of 63.57. The stock has a 50-day simple moving average of C$0.91 and a 200-day simple moving average of C$0.86.
About Urbanfund
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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