Pender Growth Fund Inc. (CVE:PTF - Get Free Report)'s stock price dropped 2.4% on Wednesday . The company traded as low as C$10.30 and last traded at C$10.30. Approximately 200 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 2,023 shares. The stock had previously closed at C$10.55.
Pender Growth Fund Stock Performance
The firm has a market capitalization of C$75.26 million, a price-to-earnings ratio of 1.68 and a beta of 0.56. The business's 50-day moving average is C$10.80 and its two-hundred day moving average is C$10.84.
Pender Growth Fund Company Profile
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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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