Canadian Banc Corp. (TSE:BK – Get Free Report)’s stock 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 changing hands.
Canadian Banc Price Performance
The company has a debt-to-equity ratio of 153.76, a quick ratio of 2.23 and a current ratio of 1.60. The stock’s 50-day moving average is C$10.51 and its 200 day moving average is C$10.27. The stock has a market capitalization of C$289.59 million, a PE ratio of -5.91 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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