Urbana (TSE:URB) Sets New 1-Year High – Here’s What Happened

Urbana Co. (TSE:URB) reached a new 52-week high during mid-day trading on Friday . The company traded as high as C$5.45 and last traded at C$5.65, with a volume of 1137 shares changing hands. The stock had previously closed at C$5.48.

Urbana Stock Up 2.4 %

The business’s 50-day moving average is C$5.28 and its 200-day moving average is C$5.35. The company has a market capitalization of C$56.10 million, a price-to-earnings ratio of 2.27 and a beta of 0.70. The company has a quick ratio of 0.02, a current ratio of 0.06 and a debt-to-equity ratio of 10.34.

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

Insiders Place Their Bets

In other news, Director Brendan T.N. Caldwell acquired 9,300 shares of the firm’s stock in a transaction on Wednesday, September 25th. The stock was acquired at an average price 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.