Urbana (TSE:URB) Shares Down 0.4% - Here's What Happened

Key Points

• Urbana Co. (TSE:URB) experienced a 0.4% decline in trading, closing at C$7.52 after reaching a low of C$7.42.
• The company's market capitalization is C$311.29 million with a price-to-earnings ratio of 3.90 and a beta of 0.29.
• Urbana aims to invest in private and publicly traded securities for capital appreciation, focusing on growth, income, and liquidity within the financial services sector.

Urbana Co. (TSE:URB - Get Free Report)'s stock price was down 0.4% on Tuesday . The stock traded as low as C$7.42 and last traded at C$7.52. Approximately 10,165 shares traded hands during trading, an increase of 259% from the average daily volume of 2,834 shares. The stock had previously closed at C$7.55.

Urbana Price Performance

The stock has a market cap of C$315.43 million, a P/E ratio of 3.95 and a beta of 0.29. The firm's 50-day moving average price is C$7.15 and its 200-day moving average price is C$6.45.

Urbana Company Profile

The Corporations objectives are to seek out and invest in private investment opportunities for capital appreciation and to invest in publicly traded securities to provide growth, income and liquidity. For the foreseeable future, the strategy of Urbana is to continue to search for and acquire investments for income and capital appreciation within the financial services industry.