Pender Growth Fund (CVE:PTF) Trading Up 0.2% – What’s Next?

Pender Growth Fund Inc. (CVE:PTFGet Free Report)’s share price rose 0.2% during trading on Wednesday . The company traded as high as C$10.75 and last traded at C$10.75. Approximately 300 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 2,599 shares. The stock had previously closed at C$10.73.

Pender Growth Fund Stock Up 0.2 %

The company has a debt-to-equity ratio of 3.37, a current ratio of 0.11 and a quick ratio of 51.12. The company has a 50-day moving average of C$11.00 and a two-hundred day moving average of C$10.85. The company has a market capitalization of C$78.26 million, a PE ratio of 2.02 and a beta of 0.56.

About Pender Growth Fund

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Pender Growth Fund Inc specializes in later stage, special situations, and restructuring investments. The fund also provides expansion capital and invests in small caps and Eligible Small Businesses ("ESBs"). It seeks to invest in illiquid public and private companies in information technology, communications, life sciences, and proprietary technologies sectors and undervalued technology companies.

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