Pender Growth Fund Inc. (CVE:PTF - Get Free Report)'s stock price traded down 0.6% during trading on Thursday . The stock traded as low as C$15.00 and last traded at C$15.35. 29,200 shares were traded during trading, an increase of 712% from the average session volume of 3,596 shares. The stock had previously closed at C$15.45.
Pender Growth Fund Trading Up 2.9%
The stock's 50-day moving average price is C$14.60 and its 200-day moving average price is C$12.06. The stock has a market cap of C$112.61 million, a price-to-earnings ratio of 5.03 and a beta of 0.20.
Insider Buying and Selling at Pender Growth Fund
In other news, insider PenderFund Capital Management Ltd. acquired 10,200 shares of the firm's stock in a transaction dated Wednesday, June 25th. The stock was bought at an average cost of C$13.19 per share, for a total transaction of C$134,500.26. Also, insider Penderfund Capital Management Ltd. acquired 4,400 shares of the firm's stock in a transaction dated Wednesday, September 10th. The shares were purchased at an average price of C$14.85 per share, with a total value of C$65,340.00. Following the completion of the transaction, the insider owned 648,191 shares of the company's stock, valued at C$9,625,636.35. This trade represents a 0.68% increase in their ownership of the stock. Over the last quarter, insiders have bought 66,700 shares of company stock valued at $917,694. 9.10% of the stock is currently owned by corporate insiders.
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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