Urbana (TSE:URB) Reaches New 12-Month High – Here’s Why

Urbana Co. (TSE:URBGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$5.58 and last traded at C$5.63, with a volume of 20134 shares trading hands. The stock had previously closed at C$5.63.

Urbana Stock Up 1.2 %

The company has a debt-to-equity ratio of 10.34, a quick ratio of 0.02 and a current ratio of 0.06. The business has a 50 day simple moving average of C$5.35 and a 200-day simple moving average of C$5.37. The firm has a market capitalization of C$57 million, a price-to-earnings ratio of 2.34 and a beta of 0.70.

Insiders Place Their Bets

In related news, Director Brendan T.N. Caldwell purchased 9,300 shares of Urbana stock in a transaction dated Wednesday, September 25th. The shares were acquired at an average cost of C$5.01 per share, with a total value of C$46,593.00. 57.64% of the stock is owned by insiders.

Urbana Company Profile

(Get Free Report)

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.

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