Findev (CVE:FDI) Stock Price Down 7.5%

Findev Inc. (CVE:FDIGet Free Report)’s stock price was down 7.5% during mid-day trading on Wednesday . The company traded as low as C$0.37 and last traded at C$0.37. Approximately 14,000 shares changed hands during trading, an increase of 41% from the average daily volume of 9,953 shares. The stock had previously closed at C$0.40.

Findev Stock Down 7.5 %

The firm has a market capitalization of C$10.60 million, a P/E ratio of 5.29 and a beta of 0.69. The company has a fifty day simple moving average of C$0.39 and a 200 day simple moving average of C$0.39.

Findev (CVE:FDIGet Free Report) last announced its quarterly earnings results on Friday, April 19th. The company reported C$0.02 earnings per share (EPS) for the quarter. The company had revenue of C$0.91 million for the quarter. Findev had a net margin of 58.36% and a return on equity of 8.24%.

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, purpose-built rentals, townhouses, low-rise/subdivisions, and retail developments.

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