Findev (CVE:FDI) Trading Down 7.4% – Time to Sell?

Shares of Findev Inc. (CVE:FDIGet Free Report) dropped 7.4% during trading on Monday . The stock traded as low as C$0.50 and last traded at C$0.50. Approximately 16,345 shares changed hands during trading, an increase of 65% from the average daily volume of 9,922 shares. The stock had previously closed at C$0.54.

Findev Price Performance

The business has a fifty day moving average of C$0.45 and a 200 day moving average of C$0.43. The stock has a market capitalization of C$14.33 million, a price-to-earnings ratio of 7.14 and a beta of 0.69.

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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