Urbana (TSE:URB) Reaches New 12-Month High Following Insider Buying Activity

Urbana Co. (TSE:URB)’s share price reached a new 52-week high on Wednesday after an insider bought additional shares in the company. The company traded as high as C$5.20 and last traded at C$5.20, with a volume of 3575 shares changing hands. The stock had previously closed at C$5.10.

Specifically, Director Brendan T.N. Caldwell bought 9,300 shares of Urbana stock in a transaction dated Wednesday, September 25th. The shares were bought at an average price of C$5.01 per share, for a total transaction of C$46,593.00.

Urbana Price Performance

The stock has a market capitalization of C$52.40 million, a P/E ratio of 2.13 and a beta of 0.70. The company has a current ratio of 0.06, a quick ratio of 0.02 and a debt-to-equity ratio of 10.34. The company has a fifty day simple moving average of C$5.22 and a two-hundred day simple moving average of C$5.34.

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

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.