Urbana (TSE:URB) Trading Down 0.9% – Here’s Why

Urbana Co. (TSE:URBGet Free Report)’s share price was down 0.9% on Friday . The stock traded as low as C$8.79 and last traded at C$8.79. Approximately 800 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 2,482 shares. The stock had previously closed at C$8.87.

Urbana Trading Down 0.9%

The company has a 50 day moving average price of C$9.02 and a 200 day moving average price of C$9.22. The firm has a market cap of C$363.34 million, a price-to-earnings ratio of 3.30 and a beta of 0.07. The company has a debt-to-equity ratio of 6.27, a quick ratio of 0.02 and a current ratio of 1.29.

About Urbana

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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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