New Commerce Split Fund (TSE:YCM) Stock Price Down 2.9% – Should You Sell?

New Commerce Split Fund (TSE:YCMGet Free Report) fell 2.9% during trading on Wednesday . The company traded as low as C$5.00 and last traded at C$5.00. 2,659 shares traded hands during mid-day trading, an increase of 41% from the average session volume of 1,892 shares. The stock had previously closed at C$5.15.

New Commerce Split Fund Stock Performance

The firm has a market capitalization of C$4.49 million and a price-to-earnings ratio of 3.52. The firm’s 50 day simple moving average is C$4.73 and its 200 day simple moving average is C$3.45.

New Commerce Split Fund Company Profile

(Get Free Report)

New Commerce Split Fund is an equity mutual fund launched and managed by Quadravest Capital Management Inc The fund invests in the equity shares of Canadian Imperial Bank of Commerce. It was formerly known as Commerce Split Fund. New Commerce Split Fund was launched on November 27, 2006 and is domiciled in Canada.

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