Free Trial

Pender Growth Fund (CVE:PTF) Sets New 12-Month High - Still a Buy?

Pender Growth Fund logo with Financial Services background

Pender Growth Fund Inc. (CVE:PTF - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$14.99 and last traded at C$13.74, with a volume of 1365 shares traded. The stock had previously closed at C$14.59.

Pender Growth Fund Stock Up 0.1%

The firm has a 50-day simple moving average of C$10.97 and a 200 day simple moving average of C$10.57. The company has a market cap of C$98.32 million, a price-to-earnings ratio of 2.19 and a beta of 0.56.

Insider Buying and Selling at Pender Growth Fund

In other Pender Growth Fund news, insider PenderFund Capital Management Ltd. bought 10,200 shares of the business's stock in a transaction dated Wednesday, June 25th. The shares were acquired at an average cost of C$13.19 per share, with a total value of C$134,500.26. Insiders purchased 42,400 shares of company stock valued at $522,642 over the last three months. 9.10% of the stock is currently owned by corporate insiders.

About Pender Growth Fund

(Get Free Report)

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.

Recommended Stories

Should You Invest $1,000 in Pender Growth Fund Right Now?

Before you consider Pender Growth Fund, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pender Growth Fund wasn't on the list.

While Pender Growth Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 “Boring” Mega Cap Stocks to Turn Into Pure Profit
Joby vs. Archer: The $10 Billion eVTOL Battle
3 Small-Cap Biotech Stocks With Catalysts Too Big to Ignore

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines