Urbana (TSE:URB) Sets New 1-Year High – Time to Buy?

Urbana Co. (TSE:URBGet Free Report) reached a new 52-week high on Wednesday . The stock traded as high as C$5.58 and last traded at C$5.63, with a volume of 20134 shares changing hands. The stock had previously closed at C$5.63.

Urbana Price Performance

The company has a quick ratio of 0.02, a current ratio of 0.06 and a debt-to-equity ratio of 10.34. The firm has a market cap of C$57 million, a price-to-earnings ratio of 2.34 and a beta of 0.70. The company’s 50-day moving average price is C$5.35 and its 200-day moving average price is C$5.37.

Insiders Place Their Bets

In other news, Director Brendan T.N. Caldwell bought 9,300 shares of the business’s stock in a transaction that occurred on Wednesday, September 25th. The shares were purchased at an average cost 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

(Get Free Report)

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.

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