Urbana (TSE:URB) Trading Up 0.6% – Here’s Why

Urbana Co. (TSE:URB)’s share price shot up 0.6% on Tuesday . The company traded as high as C$5.37 and last traded at C$5.37. 2,434 shares traded hands during trading, a decline of 38% from the average session volume of 3,957 shares. The stock had previously closed at C$5.34.

Urbana Stock Up 0.6 %

The company has a current ratio of 0.06, a quick ratio of 0.02 and a debt-to-equity ratio of 10.34. The firm has a 50 day simple moving average of C$5.24 and a two-hundred day simple moving average of C$5.35. The company has a market capitalization of C$53.70 million, a PE ratio of 2.23 and a beta of 0.70.

Urbana (TSE:URB) last announced its quarterly earnings data on Thursday, August 8th. The company reported C($0.17) earnings per share (EPS) for the quarter. Urbana had a net margin of 78.31% and a return on equity of 28.02%. The firm had revenue of C($4.44) million during the quarter.

Insider Activity

In related news, Director Brendan T.N. Caldwell bought 9,300 shares of the firm’s stock in a transaction on Wednesday, September 25th. The shares were bought at an average cost of C$5.01 per share, for a total transaction of C$46,593.00. Insiders own 57.64% of the company’s stock.

Urbana Company Profile

Urbana Corporation is an investment fund launched and managed by Caldwell Investment Management Ltd. For its equity investment the fund primarily invests in public equity markets of United States and Canada. The fund primarily focuses on U.S. financial companies and Canadian resource companies for equity investments.