Pender Growth Fund Inc. (CVE:PTF) Insider Buys C$126,934.16 in Stock

Pender Growth Fund Inc. (CVE:PTF) insider PenderFund Capital Management Ltd. purchased 11,600 shares of the company’s stock in a transaction on Wednesday, June 18th. The stock was purchased at an average price of C$10.94 per share, with a total value of C$126,934.16.

Pender Growth Fund Price Performance

PTF opened at C$11.20 on Friday. The firm has a market cap of C$81.20 million, a P/E ratio of 1.81 and a beta of 0.56. Pender Growth Fund Inc. has a 1-year low of C$9.29 and a 1-year high of C$11.38. The company has a 50 day simple moving average of C$10.25 and a two-hundred day simple moving average of C$10.40.

Pender Growth Fund Company Profile

Pender Growth Fund Inc specializes in later stage, special situations, and restructuring investments. The fund also provides expansion capital and invests in small caps and Eligible Small Businesses ("ESBs"). It seeks to invest in illiquid public and private companies in information technology, communications, life sciences, and proprietary technologies sectors and undervalued technology companies.