Wall Financial (TSE:WFC) Stock Price Down 0.9% - What's Next?

Key Points

• Stock down 0.9% — Wall Financial (TSE:WFC) fell to C$15.73 on Tuesday (intraday low C$15.70) with ~1,600 shares traded, about 3% above its average volume.
• Liquidity and leverage are notable concerns: the company reports a current ratio of 0.12, a quick ratio of 0.10 and a debt-to-equity of 318.50, yet it posted C$0.10 EPS for the quarter with ROE 17.19% and a P/E of 15.13.
• Dividend and business profile — Wall Financial paid an annual dividend of C$1.00 per share on March 9 (ex-dividend Feb 23), a reported yield of 619.0%, and operates rental, hotel and residential development assets including the Sheraton Vancouver Wall Centre and the Westin Wall Centre Vancouver Airport Hotel.

Wall Financial Co. (TSE:WFC - Get Free Report) was down 0.9% during trading on Tuesday . The company traded as low as C$15.70 and last traded at C$15.73. Approximately 1,600 shares changed hands during mid-day trading, an increase of 3% from the average daily volume of 1,547 shares. The stock had previously closed at C$15.87.

Wall Financial Price Performance

The company has a current ratio of 0.12, a quick ratio of 0.10 and a debt-to-equity ratio of 318.50. The business has a 50-day simple moving average of C$16.65 and a 200 day simple moving average of C$16.08. The stock has a market cap of C$502.40 million, a P/E ratio of 15.13 and a beta of 0.77.

Wall Financial (TSE:WFC - Get Free Report) last announced its earnings results on Friday, April 24th. The company reported C$0.10 EPS for the quarter. Wall Financial had a return on equity of 17.19% and a net margin of 17.83%.The company had revenue of C$35.92 million for the quarter.

Wall Financial Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Monday, March 9th. Investors of record on Monday, March 9th were given a dividend of $1.00 per share. This represents a dividend yield of 619.0%. The ex-dividend date of this dividend was Monday, February 23rd.

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. The company operates in three segments of the real estate industry namely, Ownership and management of revenue-producing residential and commercial properties (Rental), Ownership and management of hotel properties (Hotel), and the development and sale of residential housing (Development).

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