Wall Financial (TSE:WFC) Shares Down 0.6% - Here's Why

Key Points

• Wall Financial Co. (TSE:WFC) shares declined by 0.6% on Wednesday, closing at C$14.76 after trading as low as C$14.76 during the day.
• The company has a high debt-to-equity ratio of 361.42, indicating significant leverage, along with a market capitalization of C$472.50 million.
• Wall Financial Corp specializes in the development and management of residential rental units and hotel properties, including two hotels in Metro Vancouver.

Shares of Wall Financial Co. (TSE:WFC - ) fell 0.6% during trading on Wednesday . The company traded as low as C$14.76 and last traded at C$14.76. 1,900 shares were traded during mid-day trading, a decline of 3% from the average session volume of 1,959 shares. The stock had previously closed at C$14.85.

Wall Financial Price Performance

The company has a debt-to-equity ratio of 361.42, a quick ratio of 0.10 and a current ratio of 0.14. The firm has a market capitalization of C$472.50 million, a P/E ratio of 15.22 and a beta of 0.01. The stock's 50 day simple moving average is C$15.77 and its 200 day simple moving average is C$14.29.

About Wall Financial

Wall Financial Corp is in the development and management of residential rental units, development and construction of residential housing for resale, and the development and management of hotel properties. The company owns and manages two hotel properties in Metro Vancouver namely the Sheraton Vancouver Wall Centre Hotel and the Westin Wall Centre Vancouver Airport Hotel.

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