Pender Growth Fund (CVE:PTF) Trading Down 0.1%

Pender Growth Fund Inc. (CVE:PTFGet Free Report) dropped 0.1% during trading on Friday . The stock traded as low as C$6.99 and last traded at C$6.99. Approximately 200 shares were traded during trading, a decline of 93% from the average daily volume of 2,954 shares. The stock had previously closed at C$7.00.

Pender Growth Fund Price Performance

The business has a 50-day moving average price of C$7.12 and a two-hundred day moving average price of C$6.81. The company has a quick ratio of 51.12, a current ratio of 0.49 and a debt-to-equity ratio of 3.37. The company has a market capitalization of C$51.45 million, a price-to-earnings ratio of -4.26 and a beta of 0.60.

About Pender Growth Fund

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Pender Growth Fund Inc specializes in later stage, special situations, and restructuring investments. The fund also provides expansion capital and invests in small caps and Eligible Small Businesses ("ESBs"). It seeks to invest in illiquid public and private companies in information technology, communications, life sciences, and proprietary technologies sectors and undervalued technology companies.

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