Pender Growth Fund Inc. (CVE:PTF - Get Free Report)'s share price hit a new 52-week high during trading on Monday . The stock traded as high as C$11.65 and last traded at C$11.65, with a volume of 16061 shares traded. The stock had previously closed at C$11.20.
Pender Growth Fund Stock Up 4.9%
The firm has a market cap of C$85.19 million, a price-to-earnings ratio of 1.90 and a beta of 0.56. The company has a 50-day moving average price of C$10.29 and a 200 day moving average price of C$10.40.
Insider Activity at Pender Growth Fund
In related news, insider PenderFund Capital Management Ltd. bought 11,600 shares of the business's stock in a transaction on Wednesday, June 18th. The shares were bought at an average cost of C$10.94 per share, for a total transaction of C$126,934.16. Insiders own 9.10% of the company's stock.
About Pender Growth Fund
(
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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.
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