Wall Financial (TSE:WFC) Reaches New 52-Week High – Here’s Why

Wall Financial Co. (TSE:WFC)’s share price hit a new 52-week high on Tuesday. The stock traded as high as C$23.11 and last traded at C$23.11, with a volume of 1000 shares trading hands. The stock had previously closed at C$21.19.

Wall Financial Trading Up 2.2%

The company has a debt-to-equity ratio of 375.65, a quick ratio of 0.10 and a current ratio of 0.06. The business has a fifty day simple moving average of C$20.48 and a 200 day simple moving average of C$18.60. The company has a market cap of C$727.38 million, a P/E ratio of 20.04 and a beta of 1.07.

Wall Financial (TSE:WFC) last issued its earnings results on Thursday, September 10th. The company reported C$0.54 EPS for the quarter. The company had revenue of C$56.77 million during the quarter. Wall Financial had a return on equity of 18.20% and a net margin of 20.45%.

About Wall Financial

Wall Financial Corp is in the development and management of residential rental units, development and construction of residential housing for resale, and the development and management of hotel properties. The company owns and manages two hotel properties in Metro Vancouver namely the Sheraton Vancouver Wall Centre Hotel and the Westin Wall Centre Vancouver Airport Hotel. The company operates in three segments of the real estate industry namely, Ownership and management of revenue-producing residential and commercial properties (Rental), Ownership and management of hotel properties (Hotel), and the development and sale of residential housing (Development).