Pender Growth Fund Inc. (CVE:PTF – Get Free Report)’s stock price was up 0.8% during trading on Friday . The stock traded as high as C$14.88 and last traded at C$14.88. Approximately 1,200 shares were traded during mid-day trading, a decline of 46% from the average daily volume of 2,241 shares. The stock had previously closed at C$14.76.
Pender Growth Fund Stock Up 0.8%
The stock has a market capitalization of C$102.40 million, a price-to-earnings ratio of 82.67 and a beta of 0.03. The company’s fifty day simple moving average is C$15.18 and its 200 day simple moving average is C$15.39.
About Pender Growth Fund
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. The fund targets companies based in British Columbia, Canada. It typically invests over Cdn $500,000 ($0.51) or invests between Cdn $1.5 million ($1.53 million) and Cdn $3 million ($3.06 million) in each portfolio company with revenues between Cdn $5 million ($5.10 million) and Cdn $15 million ($15.30 million).
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