Canadian Banc Corp. (TSE:BK – Get Free Report)’s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$10.51 and traded as high as C$10.77. Canadian Banc shares last traded at C$10.69, with a volume of 40,104 shares.
Canadian Banc Stock Performance
The firm’s 50 day moving average price is C$10.53 and its 200-day moving average price is C$10.27. The stock has a market cap of C$290.13 million, a P/E ratio of -5.92 and a beta of 1.28. The company has a debt-to-equity ratio of 153.76, a current ratio of 1.60 and a quick ratio of 2.23.
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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