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Pender Growth Fund (CVE:PTF) Stock Price Up 1.2% - Still a Buy?

Pender Growth Fund logo with Financial Services background

Pender Growth Fund Inc. (CVE:PTF - Get Free Report) shares shot up 1.2% during trading on Friday . The company traded as high as C$10.40 and last traded at C$10.40. 300 shares were traded during mid-day trading, a decline of 89% from the average session volume of 2,657 shares. The stock had previously closed at C$10.28.

Pender Growth Fund Stock Performance

The stock's 50-day moving average is C$9.97 and its 200 day moving average is C$10.44. The stock has a market capitalization of C$75.40 million, a PE ratio of 1.68 and a beta of 0.56.

Pender Growth Fund Company Profile

(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.

Further Reading

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