Findev (CVE:FDI) Shares Up 8.3% – Here’s Why

Findev Inc. (CVE:FDIGet Free Report)’s stock price rose 8.3% on Monday . The stock traded as high as C$0.52 and last traded at C$0.52. Approximately 4,500 shares traded hands during trading, a decline of 43% from the average daily volume of 7,936 shares. The stock had previously closed at C$0.48.

Findev Stock Performance

The firm’s 50-day moving average price is C$0.49 and its two-hundred day moving average price is C$0.44. The firm has a market cap of C$14.90 million, a PE ratio of 7.43 and a beta of 0.69.

About Findev

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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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