Urbanfund (CVE:UFC) Shares Up 1.1% – Still a Buy?

Urbanfund Corp. (CVE:UFCGet Free Report) shares rose 1.1% during mid-day trading on Wednesday . The company traded as high as C$0.96 and last traded at C$0.96. Approximately 4,174 shares changed hands during mid-day trading, a decline of 54% from the average daily volume of 9,062 shares. The stock had previously closed at C$0.95.

Urbanfund Trading Up 1.1%

The firm has a 50-day moving average of C$0.89 and a 200-day moving average of C$0.85. The company has a debt-to-equity ratio of 70.76, a quick ratio of 0.47 and a current ratio of 1.21. The firm has a market capitalization of C$51.66 million, a P/E ratio of 6.27 and a beta of 0.02.

About Urbanfund

(Get Free Report)

Urbanfund Corp. owns, develops, and operates a real estate portfolio for residential and commercial properties in Canada. The company focuses on identifying, evaluating, and investing in real estate and real estate related projects. Its assets are located in Toronto, Belleville, and London, Ontario; and Quebec City and Montreal, Quebec. Urbanfund Corp. was incorporated in 1997 and is headquartered in Toronto, Canada.

Further Reading

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