Canadian Banc (TSE:BK) Share Price Crosses Above Fifty Day Moving Average of $10.59

Canadian Banc Corp. (TSE:BKGet Free Report)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$10.59 and traded as high as C$10.95. Canadian Banc shares last traded at C$10.94, with a volume of 132,146 shares traded.

Canadian Banc Trading Up 0.6 %

The firm’s 50-day moving average is C$10.59 and its 200 day moving average is C$10.31. The company has a current ratio of 1.60, a quick ratio of 2.23 and a debt-to-equity ratio of 153.76. The firm has a market capitalization of C$296.36 million, a price-to-earnings ratio of -6.04 and a beta of 1.28.

Canadian Banc Company Profile

(Get Free Report)

Canadian Banc Corp. is a close-ended equity mutual fund launched by Quadravest Inc The fund is managed by Quadravest Capital Management Inc It invests in the public equity markets of Canada. The fund invests in stocks of companies engaged in the banking sector. It benchmarks the performance of its portfolio against the S&P TSX Financial Index.

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