Urbana (TSE:URB) Shares Down 0.9% – Here’s Why

Urbana Co. (TSE:URB – Get Free Report) shares traded down 0.9% on Monday. The company traded as low as C$8.99 and last traded at C$9.00. Approximately 1,821 shares changed hands during mid-day trading, a decline of 20% from the average session volume of 2,285 shares. The stock had previously closed at C$9.08.

Urbana Price Performance

The business has a 50-day moving average price of C$8.97 and a 200-day moving average price of C$9.21. The company has a market capitalization of C$372.02 million, a price-to-earnings ratio of 3.38 and a beta of 0.27. The company has a quick ratio of 0.02, a current ratio of 1.29 and a debt-to-equity ratio of 6.27.

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.

Further Reading

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.