Urbana (TSE:URB) Trading Down 1% – Here’s What Happened

Urbana Co. (TSE:URBGet Free Report) traded down 1% during mid-day trading on Tuesday . The company traded as low as C$8.90 and last traded at C$9.01. 2,175 shares traded hands during trading, a decline of 31% from the average session volume of 3,171 shares. The stock had previously closed at C$9.10.

Urbana Price Performance

The firm has a market cap of C$383.32 million, a P/E ratio of 3.92 and a beta of -0.04. The company has a debt-to-equity ratio of 5.55, a current ratio of 0.04 and a quick ratio of 0.02. The firm’s 50 day moving average is C$9.42 and its 200 day moving average is C$9.41.

Urbana (TSE:URBGet Free Report) last announced its earnings results 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.

Recommended Stories

Receive News & Ratings for Urbana Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Urbana and related companies with MarketBeat.com's FREE daily email newsletter.