Wall Financial (TSE:WFC) Trading 1% Higher - What's Next?

Key Points

• Wall Financial shares rose by 1% during mid-day trading, reaching a price of C$14.54, despite a decline in trading volume by 22% compared to the average.
• The company has a high debt-to-equity ratio of 361.42, indicating significant leverage compared to its equity.
• Wall Financial is involved in the development and management of residential rental units and hotel properties, including notable hotels in Metro Vancouver.

Wall Financial Co. (TSE:WFC - ) shares shot up 1% during mid-day trading on Wednesday . The stock traded as high as C$14.54 and last traded at C$14.54. 1,500 shares traded hands during mid-day trading, a decline of 22% from the average session volume of 1,918 shares. The stock had previously closed at C$14.40.

Wall Financial Stock Performance

The company has a current ratio of 0.14, a quick ratio of 0.10 and a debt-to-equity ratio of 361.42. The firm has a market capitalization of C$465.45 million, a price-to-earnings ratio of 14.99 and a beta of 0.23. The stock's 50-day moving average is C$15.22 and its 200-day moving average is C$14.63.

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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