Pender Growth Fund (CVE:PTF) Trading 0.2% Higher – Still a Buy?

Shares of Pender Growth Fund Inc. (CVE:PTFGet Free Report) were 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. Approximately 300 shares traded hands during trading, a decline of 88% from the average daily volume of 2,599 shares. The stock had previously closed at C$10.73.

Pender Growth Fund Price Performance

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 current ratio of 0.11, a quick ratio of 51.12 and a debt-to-equity ratio of 3.37. The firm has a 50 day moving average price of C$11.02 and a 200-day moving average price of C$10.85.

About Pender Growth Fund

(Get Free Report)

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.

Further Reading

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