Canadian Banc (TSE:BK) Share Price Crosses Above Fifty Day Moving Average of $10.45

Canadian Banc Corp. (TSE:BKGet Free Report)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$10.45 and traded as high as C$10.79. Canadian Banc shares last traded at C$10.73, with a volume of 69,707 shares changing hands.

Canadian Banc Trading Down 0.6 %

The company has a quick ratio of 2.23, a current ratio of 1.60 and a debt-to-equity ratio of 153.76. The business has a fifty day simple moving average of C$10.45 and a 200 day simple moving average of C$10.37. The company has a market cap of C$290.54 million, a price-to-earnings ratio of -5.93 and a beta of 1.28.

About Canadian Banc

(Get Free Report)

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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