Pender Growth Fund Inc. (CVE:PTF – Get Free Report)’s stock price was down 5.3% during trading on Friday . The company traded as low as C$7.00 and last traded at C$7.00. Approximately 4,900 shares were traded during mid-day trading, an increase of 66% from the average daily volume of 2,951 shares. The stock had previously closed at C$7.39.
Pender Growth Fund Stock Performance
The stock has a market capitalization of C$51.52 million, a price-to-earnings ratio of -4.27 and a beta of 0.60. The company has a quick ratio of 51.12, a current ratio of 0.49 and a debt-to-equity ratio of 3.37. The stock’s 50-day simple moving average is C$7.02 and its 200 day simple moving average is C$6.82.
About Pender Growth Fund
Pender Growth Fund Inc specializes in later stage, special situations, and restructuring investments. The fund also provides expansion capital and invests in small caps and Eligible Small Businesses ("ESBs"). It seeks to invest in illiquid public and private companies in information technology, communications, life sciences, and proprietary technologies sectors and undervalued technology companies.
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