Urbana (TSE:URB) Trading Down 1.7% – Here’s Why

Urbana Co. (TSE:URBGet Free Report)’s share price was down 1.7% during trading on Friday . The company traded as low as C$9.58 and last traded at C$9.58. Approximately 3,556 shares were traded during trading, a decline of 43% from the average daily volume of 6,207 shares. The stock had previously closed at C$9.75.

Urbana Stock Down 1.7%

The company has a market capitalization of C$396.56 million, a PE ratio of 4.15 and a beta of 0.28. The company has a 50-day moving average price of C$9.21 and a two-hundred day moving average price of C$8.05.

Urbana (TSE:URBGet Free Report) last posted its earnings results on Wednesday, November 12th. The company reported C$0.96 earnings per share for the quarter. Urbana had a net margin of 205.53% and a return on equity of 16.84%.

About Urbana

(Get Free Report)

The Corporations objectives are to seek out and invest in private investment opportunities for capital appreciation and to invest in publicly traded securities to provide growth, income and liquidity. For the foreseeable future, the strategy of Urbana is to continue to search for and acquire investments for income and capital appreciation within the financial services industry.

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