Canadian Banc Corp. (TSE:BK – Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$10.59 and traded as high as C$10.95. Canadian Banc shares last traded at C$10.94, with a volume of 132,146 shares traded.
Canadian Banc Stock Up 0.6 %
The company has a current ratio of 1.60, a quick ratio of 2.23 and a debt-to-equity ratio of 153.76. The company’s fifty day simple moving average is C$10.59 and its 200 day simple moving average is C$10.31. The firm has a market capitalization of C$296.36 million, a P/E ratio of -6.04 and a beta of 1.28.
About Canadian Banc
Canadian Banc Corp. is a close-ended equity mutual fund launched by Quadravest Inc The fund is managed by Quadravest Capital Management Inc It invests in the public equity markets of Canada. The fund invests in stocks of companies engaged in the banking sector. It benchmarks the performance of its portfolio against the S&P TSX Financial Index.
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