Findev Inc. (CVE:FDI – Get Free Report)’s share price dropped 3.5% during mid-day trading on Friday . The stock traded as low as C$0.41 and last traded at C$0.41. Approximately 1,000 shares changed hands during trading, a decline of 90% from the average daily volume of 10,062 shares. The stock had previously closed at C$0.43.
Findev Price Performance
The company’s fifty day moving average is C$0.41 and its 200-day moving average is C$0.41. The stock has a market cap of C$11.75 million, a PE ratio of 5.86 and a beta of 0.69.
Findev (CVE:FDI – Get Free Report) last issued its earnings results on Wednesday, August 28th. The company reported C$0.02 earnings per share (EPS) for the quarter. Findev had a net margin of 57.76% and a return on equity of 8.36%. The firm had revenue of C$0.93 million during the quarter.
About Findev
Findev Inc, a real estate finance company, provides real estate financing secured by investment properties and real estate developments in the Greater Toronto Area, Canada. It targets real estate projects that include condominiums, townhouses, purpose-built rentals, low-rise/subdivisions, and retail developments.
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