Urbana (TSE:URB) Trading 0.1% Higher – Here’s Why

Urbana Co. (TSE:URBGet Free Report) was up 0.1% during mid-day trading on Tuesday . The company traded as high as C$8.92 and last traded at C$8.77. Approximately 869 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 3,010 shares. The stock had previously closed at C$8.76.

Urbana Stock Performance

The company has a market capitalization of C$363.86 million, a price-to-earnings ratio of 3.72 and a beta of 0.02. The stock has a 50 day simple moving average of C$9.26 and a 200 day simple moving average of C$9.44. The company has a quick ratio of 0.02, a current ratio of 0.04 and a debt-to-equity ratio of 5.55.

Urbana (TSE:URBGet Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported C$0.53 earnings per share for the quarter. Urbana had a return on equity of 18.77% and a net margin of 162.33%.

Urbana Company Profile

(Get Free Report)

The Corporations objectives are to seek out and invest in private investment opportunities for capital appreciation and to invest in publicly traded securities to provide growth, income and liquidity. For the foreseeable future, the strategy of Urbana is to continue to search for and acquire investments for income and capital appreciation within the financial services industry.

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