Urbanfund (CVE:UFC) Shares Down 3.5% – Should You Sell?

Urbanfund Corp. (CVE:UFC) shares were down 3.5% during mid-day trading on Friday . The company traded as low as C$0.83 and last traded at C$0.83. Approximately 33,040 shares were traded during mid-day trading, an increase of 271% from the average daily volume of 8,908 shares. The stock had previously closed at C$0.86.

Urbanfund Stock Performance

The stock has a market capitalization of C$44.45 million, a price-to-earnings ratio of 6.92 and a beta of 0.67. The company’s fifty day simple moving average is C$0.84 and its 200 day simple moving average is C$0.83. The company has a quick ratio of 0.47, a current ratio of 1.13 and a debt-to-equity ratio of 70.99.

About Urbanfund

Urbanfund Corp. owns, develops, and operates a real estate portfolio for residential and commercial properties in Canada. The company focuses on identifying, evaluating, and investing in real estate and real estate related projects. Its assets are located in Toronto, Belleville, and London, Ontario; and Quebec City and Montreal, Quebec.