Urbana (TSE:URB) Stock Price Down 4.6% – Time to Sell?

Urbana Co. (TSE:URBGet Free Report)’s share price traded down 4.6% during trading on Friday . The company traded as low as C$9.05 and last traded at C$9.05. 801 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 2,570 shares. The stock had previously closed at C$9.49.

Urbana Trading Down 4.6%

The firm has a market capitalization of C$374.46 million, a P/E ratio of 3.40 and a beta of 0.01. The company has a debt-to-equity ratio of 6.27, a current ratio of 1.29 and a quick ratio of 0.02. The stock’s 50-day simple moving average is C$8.97 and its two-hundred day simple moving average is C$9.25.

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.

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