Pender Growth Fund (CVE:PTF) Stock Price Down 1.6% - Here's Why

Key Points

• Shares down 1.6% to C$15.25 on Tuesday, with only 301 shares traded—about 87% below the average session volume (2,406), signaling very light trading activity.
• Market cap is C$105.73 million and the fund has a negative P/E (-22.10) and low volatility (beta -0.03); the 50‑ and 200‑day simple moving averages are C$15.56 and C$15.30, respectively.
• Pender Growth Fund specializes in later-stage, special situations and restructuring investments, targeting illiquid public and private technology, communications and life‑sciences companies in British Columbia, typically investing C$0.5M–C$3M per portfolio company.

Shares of Pender Growth Fund Inc. (CVE:PTF - ) traded down 1.6% on Tuesday . The stock traded as low as C$15.25 and last traded at C$15.25. 301 shares changed hands during trading, a decline of 87% from the average session volume of 2,406 shares. The stock had previously closed at C$15.50.

Pender Growth Fund Trading Down 1.6%

The stock has a market cap of C$105.73 million, a P/E ratio of -22.10 and a beta of -0.03. The firm has a 50-day simple moving average of C$15.56 and a two-hundred day simple moving average of C$15.30.

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. The fund targets companies based in British Columbia, Canada. It typically invests over Cdn $500,000 ($0.51) or invests between Cdn $1.5 million ($1.53 million) and Cdn $3 million ($3.06 million) in each portfolio company with revenues between Cdn $5 million ($5.10 million) and Cdn $15 million ($15.30 million).

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