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

Urbana Co. (TSE:URB) shares hit a new 52-week high during trading on Friday . The stock 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 Performance

The firm has a fifty day moving average price of C$5.28 and a 200 day moving average price of C$5.35. The company has a debt-to-equity ratio of 10.34, a quick ratio of 0.02 and a current ratio of 0.06. The stock has a market cap of C$56.10 million, a PE ratio of 2.27 and a beta of 0.70.

Urbana (TSE:URB) last issued its quarterly earnings data on Thursday, August 8th. The company reported C($0.17) 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 for the quarter.

Insider Activity

In other Urbana news, Director Brendan T.N. Caldwell acquired 9,300 shares of the firm’s stock in a transaction dated Wednesday, September 25th. The stock was purchased at an average price of C$5.01 per share, for a total transaction of C$46,593.00. Company 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.