Urbanfund (CVE:UFC) Trading 1.2% Higher – Should You Buy?

by · The Cerbat Gem

Shares of Urbanfund Corp. (CVE:UFC – Get Free Report) traded up 1.2% on Wednesday . The stock traded as high as C$0.86 and last traded at C$0.86. 10,053 shares were traded during trading, an increase of 157% from the average session volume of 3,916 shares. The stock had previously closed at C$0.85.

Urbanfund Price Performance

The stock has a market cap of C$46.23 million, a PE ratio of 6.06 and a beta of 0.17. The stock’s fifty day moving average is C$0.83 and its 200-day moving average is C$0.83. The company has a debt-to-equity ratio of 70.76, a current ratio of 1.21 and a quick ratio of 0.47.

Urbanfund Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were paid a $0.0125 dividend. This represents a $0.05 annualized dividend and a dividend yield of 5.8%. Urbanfund’s dividend payout ratio (DPR) is 35.21%.

Urbanfund Company Profile

(Get Free Report)

Urbanfund Corp. owns, develops, and operates a real estate portfolio for residential and commercial properties in Canada. The company focuses on identifying, evaluating, and investing in real estate and real estate related projects. Its assets are located in Toronto, Belleville, and London, Ontario; and Quebec City and Montreal, Quebec.

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