Wall Financial (TSE:WFC) Shares Down 3% - Here's What Happened

Key Points

• Wall Financial Co. shares dropped 3% to C$16.00, marking a significant decline in trading volume with only 1,000 shares exchanged, a 51% decrease from average levels.
• The company has a high debt-to-equity ratio of 361.42 and low current and quick ratios, indicating financial stress.
• Wall Financial operates primarily in real estate investment and development, managing both residential and commercial properties across Canada.

Wall Financial Co. (TSE:WFC - Get Free Report) shares traded down 3% during mid-day trading on Tuesday . The company traded as low as C$16.00 and last traded at C$16.00. 1,000 shares changed hands during trading, a decline of 51% from the average session volume of 2,025 shares. The stock had previously closed at C$16.50.

Wall Financial Stock Performance

The stock's 50-day moving average is C$16.11 and its 200-day moving average is C$13.89. The stock has a market cap of C$528.94 million, a price-to-earnings ratio of 21.30 and a beta of 0.65. The company has a current ratio of 0.14, a quick ratio of 0.10 and a debt-to-equity ratio of 361.42.

Wall Financial Company Profile

Wall Financial Corporation, together with its subsidiaries, operates as a real estate investment and development company in Canada. The company owns and manages residential and commercial properties, as well as hotel properties; and develops and sells residential housing properties. It also engages in the development and management of residential and commercial rental units; and development and construction of residential housing units for sale.