Urbanfund (CVE:UFC) Shares Up 7% – What’s Next?

Urbanfund Corp. (CVE:UFC)’s stock price rose 7% during trading on Wednesday . The stock traded as high as C$0.92 and last traded at C$0.92. Approximately 5,548 shares changed hands during mid-day trading, a decline of 36% from the average daily volume of 8,678 shares. The stock had previously closed at C$0.86.

Urbanfund Stock Performance

The company has a debt-to-equity ratio of 70.76, a current ratio of 1.21 and a quick ratio of 0.47. The stock has a fifty day moving average price of C$0.91 and a two-hundred day moving average price of C$0.86. The company has a market cap of C$49.51 million, a P/E ratio of 6.01 and a beta of -0.05.

Urbanfund Company Profile

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.