Urbana (TSE:URB) Trading Down 0.8% – Here’s What Happened

Urbana Co. (TSE:URBGet Free Report)’s share price was down 0.8% during mid-day trading on Tuesday . The company traded as low as C$8.81 and last traded at C$8.84. 200 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 2,764 shares. The stock had previously closed at C$8.91.

Urbana Price Performance

The company has a quick ratio of 0.02, a current ratio of 0.04 and a debt-to-equity ratio of 5.55. The company’s 50 day moving average is C$9.09 and its 200 day moving average is C$9.35. The firm has a market capitalization of C$365.93 million, a price-to-earnings ratio of 3.75 and a beta of 0.02.

Urbana (TSE:URBGet Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported C$0.53 earnings per share for the quarter. Urbana had a net margin of 162.33% and a return on equity of 18.77%.

Urbana Company Profile

(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.

Further Reading

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