Findev (CVE:FDI) Trading Down 4.7% – What’s Next?

Findev Inc. (CVE:FDIGet Free Report) shares fell 4.7% during trading on Friday . The company traded as low as C$0.41 and last traded at C$0.41. 11,000 shares changed hands during trading, an increase of 12% from the average session volume of 9,843 shares. The stock had previously closed at C$0.43.

Findev Stock Down 4.7 %

The business has a fifty day moving average of C$0.41 and a 200 day moving average of C$0.41. The company has a market cap of C$11.75 million, a P/E ratio of 5.86 and a beta of 0.69.

Findev (CVE:FDIGet Free Report) last announced its quarterly earnings results on Wednesday, August 28th. The company reported C$0.02 earnings per share (EPS) for the quarter. Findev had a net margin of 57.76% and a return on equity of 8.36%. The company had revenue of C$0.93 million for the quarter.

Findev Company Profile

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Findev Inc, a real estate finance company, provides real estate financing secured by investment properties and real estate developments in the Greater Toronto Area, Canada. It targets real estate projects that include condominiums, townhouses, purpose-built rentals, low-rise/subdivisions, and retail developments.

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