Pender Growth Fund (CVE:PTF) Shares Down 5.3%

Pender Growth Fund Inc. (CVE:PTF) fell 5.3% during mid-day trading on Friday . The company traded as low as C$7.00 and last traded at C$7.00. 4,900 shares traded hands during mid-day trading, an increase of 66% from the average session volume of 2,951 shares. The stock had previously closed at C$7.39.

Pender Growth Fund Stock Down 5.3 %

The company has a debt-to-equity ratio of 3.37, a current ratio of 0.49 and a quick ratio of 51.12. The stock’s fifty day simple moving average is C$7.02 and its 200-day simple moving average is C$6.82. The stock has a market cap of C$51.52 million, a P/E ratio of -4.27 and a beta of 0.60.

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.