Urbana (TSE:URB) Announces Earnings Results

Urbana (TSE:URB) posted its earnings results on Thursday. The company reported C$0.53 earnings per share for the quarter, FiscalAI reports. Urbana had a net margin of 146.38% and a return on equity of 13.92%.

Urbana Trading Up 5.4%

URB traded up C$0.49 during mid-day trading on Friday, hitting C$9.54. The stock had a trading volume of 2,000 shares, compared to its average volume of 3,378. The stock’s fifty day simple moving average is C$9.41 and its 200-day simple moving average is C$9.14. 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 firm has a market capitalization of C$394.91 million, a price-to-earnings ratio of 5.71 and a beta of 0.07. Urbana has a 1-year low of C$5.70 and a 1-year high of C$11.00.

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.