Findev (CVE:FDI) Shares Down 4% – Here’s Why

Findev Inc. (CVE:FDIGet Free Report) dropped 4% during mid-day trading on Monday . The company traded as low as C$0.48 and last traded at C$0.48. Approximately 6,035 shares traded hands during mid-day trading, a decline of 6% from the average daily volume of 6,435 shares. The stock had previously closed at C$0.50.

Findev Trading Down 4.0 %

The firm has a market capitalization of C$13.75 million, a price-to-earnings ratio of 6.86 and a beta of 0.69. The firm’s 50-day moving average is C$0.50 and its 200 day moving average is C$0.46.

About Findev

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Findev Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Findev and related companies with MarketBeat.com's FREE daily email newsletter.