Urbana (TSE:URB) Trading 0.2% Higher – Here’s What Happened

Urbana Co. (TSE:URB)’s share price rose 0.2% during mid-day trading on Friday . The company traded as high as C$8.75 and last traded at C$8.60. Approximately 1,462 shares traded hands during trading, a decline of 57% from the average daily volume of 3,375 shares. The stock had previously closed at C$8.58.

Urbana Stock Up 0.2%

The company has a market capitalization of C$356.00 million, a price-to-earnings ratio of 3.72 and a beta of 0.30. The business has a 50-day moving average price of C$8.14 and a 200-day moving average price of C$7.35.

Urbana (TSE:URB) last issued its quarterly earnings results on Wednesday, November 12th. The company reported C$0.96 earnings per share for the quarter. Urbana had a return on equity of 16.84% and a net margin of 205.53%.

Urbana Company Profile

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.