Canadian Banc (TSE:BK) Reaches New 1-Year High – Here’s Why

Canadian Banc Corp. (TSE:BKGet Free Report) hit a new 52-week high on Monday . The company traded as high as C$11.60 and last traded at C$11.57, with a volume of 42633 shares. The stock had previously closed at C$11.52.

Canadian Banc Trading Up 0.5 %

The stock has a market cap of C$351.71 million, a PE ratio of 4.97 and a beta of 1.22. The company has a current ratio of 1.98, a quick ratio of 2.23 and a debt-to-equity ratio of 98.31. The firm has a fifty day simple moving average of C$11.27 and a two-hundred day simple moving average of C$11.04.

Canadian Banc Company Profile

(Get Free Report)

Canadian Banc Corp. is a close-ended equity mutual fund launched by Quadravest Inc The fund is managed by Quadravest Capital Management Inc It invests in the public equity markets of Canada. The fund invests in stocks of companies engaged in the banking sector. It benchmarks the performance of its portfolio against the S&P TSX Financial Index.

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