Urbana (TSE:URB) Stock Price Up 1% – Here’s Why

Urbana Co. (TSE:URB)’s stock price rose 1% on Thursday . The company traded as high as C$5.85 and last traded at C$5.85. Approximately 1,228 shares traded hands during trading, a decline of 67% from the average daily volume of 3,697 shares. The stock had previously closed at C$5.79.

Urbana Price Performance

The firm’s fifty day simple moving average is C$5.62 and its 200-day simple moving average is C$5.42. The firm has a market capitalization of C$58.50 million, a PE ratio of 2.43 and a beta of 0.70. The company has a quick ratio of 0.02, a current ratio of 0.06 and a debt-to-equity ratio of 10.34.

Urbana Company Profile

Urbana Corporation is an investment fund launched and managed by Caldwell Investment Management Ltd. For its equity investment the fund primarily invests in public equity markets of United States and Canada. The fund primarily focuses on U.S. financial companies and Canadian resource companies for equity investments.