Pender Growth Fund (CVE:PTF) Stock Price Down 0.3% – Here’s What Happened

Shares of Pender Growth Fund Inc. (CVE:PTF) were down 0.3% on Wednesday . The stock traded as low as C$15.90 and last traded at C$15.90. Approximately 401 shares traded hands during trading, a decline of 91% from the average daily volume of 4,515 shares. The stock had previously closed at C$15.94.

Pender Growth Fund Trading Down 0.3%

The company has a market capitalization of C$110.23 million, a PE ratio of 6.94 and a beta of -0.25. The company’s 50 day moving average price is C$15.58 and its 200-day moving average price is C$15.04.

Pender Growth Fund Company Profile

Pender Growth Fund Inc specializes in later stage, special situations, and restructuring investments. The fund also provides expansion capital and invests in small caps and Eligible Small Businesses ("ESBs"). It seeks to invest in illiquid public and private companies in information technology, communications, life sciences, and proprietary technologies sectors and undervalued technology companies. The fund targets companies based in British Columbia, Canada. It typically invests over Cdn $500,000 ($0.51) or invests between Cdn $1.5 million ($1.53 million) and Cdn $3 million ($3.06 million) in each portfolio company with revenues between Cdn $5 million ($5.10 million) and Cdn $15 million ($15.30 million).