Urbanfund Corp. (CVE:UFC – Get Free Report)’s stock price dropped 3.5% on Friday . The company traded as low as C$0.83 and last traded at C$0.83. Approximately 33,040 shares were traded during mid-day trading, an increase of 271% from the average daily volume of 8,908 shares. The stock had previously closed at C$0.86.
Urbanfund Stock Down 3.5 %
The firm has a market capitalization of C$44.45 million, a P/E ratio of 6.92 and a beta of 0.67. The company has a debt-to-equity ratio of 70.99, a quick ratio of 0.47 and a current ratio of 1.13. The business’s fifty day moving average price is C$0.84 and its two-hundred day moving average price is C$0.83.
About Urbanfund
Urbanfund Corp. owns, develops, and operates a real estate portfolio for residential and commercial properties in Canada. The company focuses on identifying, evaluating, and investing in real estate and real estate related projects. Its assets are located in Toronto, Belleville, and London, Ontario; and Quebec City and Montreal, Quebec.
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