Findev (CVE:FDI) Shares Down 3.5% – Here’s What Happened

Findev Inc. (CVE:FDI) shares traded down 3.5% on Friday . The company traded as low as C$0.41 and last traded at C$0.41. 1,000 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 10,062 shares. The stock had previously closed at C$0.43.

Findev Stock Down 3.5 %

The stock has a market capitalization of C$11.75 million, a PE ratio of 5.86 and a beta of 0.69. The business’s 50-day moving average is C$0.41 and its two-hundred day moving average is C$0.41.

Findev (CVE:FDI) last announced its quarterly earnings results on Wednesday, August 28th. The company reported C$0.02 earnings per share for the quarter. The firm had revenue of C$0.93 million during the quarter. Findev had a net margin of 57.76% and a return on equity of 8.36%.

Findev Company Profile

Findev Inc, a real estate finance company, provides real estate financing secured by investment properties and real estate developments in the Greater Toronto Area, Canada. It targets real estate projects that include condominiums, townhouses, purpose-built rentals, low-rise/subdivisions, and retail developments.