Urbanfund (CVE:UFC) Trading Down 2.3% – Here’s Why

Urbanfund Corp. (CVE:UFCGet Free Report) shares were down 2.3% during mid-day trading on Wednesday . The company traded as low as C$0.86 and last traded at C$0.86. Approximately 6,629 shares were traded during trading, an increase of 43% from the average daily volume of 4,648 shares. The stock had previously closed at C$0.88.

Urbanfund Stock Performance

The company has a quick ratio of 0.47, a current ratio of 1.13 and a debt-to-equity ratio of 70.99. The stock has a 50 day moving average of C$0.83 and a 200 day moving average of C$0.83. The company has a market capitalization of C$46.05 million, a price-to-earnings ratio of 7.17 and a beta of 0.67.

Urbanfund (CVE:UFCGet Free Report) last posted its quarterly earnings data on Monday, August 26th. The company reported C$0.02 earnings per share for the quarter. The company had revenue of C$2.27 million during the quarter. Urbanfund had a net margin of 35.30% and a return on equity of 9.85%.

About Urbanfund

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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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