Urbana (TSE:URB) Releases Earnings Results

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

Urbana Stock Up 0.1%

Shares of URB stock opened at C$8.25 on Friday. The company’s 50 day moving average is C$7.74 and its 200 day moving average is C$6.97. The firm has a market cap of C$341.51 million, a price-to-earnings ratio of 4.27 and a beta of 0.25. Urbana has a 52-week low of C$5.39 and a 52-week high of C$8.35.

About Urbana

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.