Urbana (TSE:URB) Shares Cross Above 50-Day Moving Average – Here’s What Happened

Shares of Urbana Co. (TSE:URBGet Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$9.46 and traded as high as C$9.52. Urbana shares last traded at C$9.24, with a volume of 300 shares changing hands.

Urbana Stock Performance

The company has a debt-to-equity ratio of 5.55, a quick ratio of 0.02 and a current ratio of 0.04. The firm has a market capitalization of C$394.08 million, a PE ratio of 4.03 and a beta of 0.07. The firm’s 50 day moving average price is C$9.46 and its 200-day moving average price is C$9.30.

Urbana (TSE:URBGet Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported C$0.53 earnings per share for the quarter. Urbana had a return on equity of 18.77% and a net margin of 162.33%.

About Urbana

(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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