Pender Growth Fund (CVE:PTF) Stock Price Up 0.1% – What’s Next?

Pender Growth Fund Inc. (CVE:PTF) shares shot up 0.1% during mid-day trading on Wednesday . The stock traded as high as C$11.19 and last traded at C$11.19. 500 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 8,653 shares. The stock had previously closed at C$11.18.

Pender Growth Fund Trading Up 0.1 %

The stock’s 50 day moving average is C$11.10 and its 200-day moving average is C$10.79. The company has a market cap of C$81.46 million, a P/E ratio of 2.10 and a beta of 0.56. The company has a current ratio of 0.11, a quick ratio of 51.12 and a debt-to-equity ratio of 3.37.

Pender Growth Fund Company Profile

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.