Pender Growth Fund (CVE:PTF) Shares Up 0.2% - Here's What Happened

Shares of Pender Growth Fund Inc. (CVE:PTF - Get Free Report) shot up 0.2% during mid-day trading on Wednesday . The company traded as high as C$10.75 and last traded at C$10.75. 300 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 2,599 shares. The stock had previously closed at C$10.73.

Pender Growth Fund Trading Up 0.2 %

The stock has a fifty day simple moving average of C$11.02 and a 200 day simple moving average of C$10.85. The firm has a market capitalization of C$78.26 million, a P/E ratio of 2.02 and a beta of 0.56. The company has a quick ratio of 51.12, a current ratio of 0.11 and a debt-to-equity ratio of 3.37.

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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