Findev (CVE:FDI) Trading Up 4.4% – Here’s What Happened

Shares of Findev Inc. (CVE:FDIGet Free Report) traded up 4.4% on Friday . The stock traded as high as C$0.47 and last traded at C$0.47. 13,951 shares changed hands during trading, an increase of 49% from the average session volume of 9,341 shares. The stock had previously closed at C$0.45.

Findev Stock Performance

The firm has a 50-day moving average of C$0.42 and a 200-day moving average of C$0.41. The firm has a market capitalization of C$13.47 million, a P/E ratio of 6.71 and a beta of 0.69.

Findev (CVE:FDIGet Free Report) last issued its 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 firm had revenue of C$0.93 million for the quarter.

About Findev

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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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