Wall Financial (TSE:WFC) Stock Price Down 4.3% – Here’s What Happened

Wall Financial Co. (TSE:WFC) fell 4.3% during mid-day trading on Wednesday . The company traded as low as C$19.90 and last traded at C$19.90. 200 shares traded hands during mid-day trading, a decline of 84% from the average session volume of 1,259 shares. The stock had previously closed at C$20.80.

Wall Financial Stock Down 0.0%

The firm has a market capitalization of C$663.01 million, a price-to-earnings ratio of 21.00 and a beta of 1.12. The company has a quick ratio of 0.10, a current ratio of 0.07 and a debt-to-equity ratio of 396.94. The company’s 50 day moving average price is C$19.62 and its 200 day moving average price is C$18.07.

Wall Financial (TSE:WFC) last released its earnings results on Thursday, September 10th. The company reported C$0.54 earnings per share (EPS) for the quarter. Wall Financial had a return on equity of 15.90% and a net margin of 18.34%.The firm had revenue of C$56.77 million for the quarter.

Wall Financial Company Profile

Wall Financial Corp is in the development and management of residential rental units, development and construction of residential housing for resale, and the development and management of hotel properties. The company owns and manages two hotel properties in Metro Vancouver namely the Sheraton Vancouver Wall Centre Hotel and the Westin Wall Centre Vancouver Airport Hotel. The company operates in three segments of the real estate industry namely, Ownership and management of revenue-producing residential and commercial properties (Rental), Ownership and management of hotel properties (Hotel), and the development and sale of residential housing (Development).