Urbana (TSE:URB) Shares Down 0.1% – Here’s What Happened

Shares of Urbana Co. (TSE:URB) were down 0.1% during mid-day trading on Monday . The stock traded as low as C$9.40 and last traded at C$9.41. Approximately 8,470 shares changed hands during trading, an increase of 153% from the average daily volume of 3,349 shares. The stock had previously closed at C$9.42.

Urbana Trading Down 0.1%

The company has a debt-to-equity ratio of 4.84, a current ratio of 0.06 and a quick ratio of 0.02. The company has a market cap of C$389.53 million, a price-to-earnings ratio of 5.63 and a beta of 0.14. The business’s fifty day moving average price is C$9.42 and its 200 day moving average price is C$8.81.

Urbana (TSE:URB) last posted its quarterly earnings data on Friday, March 20th. The company reported C$0.43 earnings per share for the quarter. Urbana had a return on equity of 13.92% and a net margin of 146.38%.

Urbana Company Profile

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.