Western Investment Company of Canada (CVE:WI) Stock Price Down 1.6% – Here’s What Happened

The Western Investment Company of Canada Limited (CVE:WIGet Free Report)’s stock price was down 1.6% during mid-day trading on Thursday . The company traded as low as C$0.62 and last traded at C$0.62. Approximately 6,000 shares traded hands during trading, a decline of 80% from the average daily volume of 29,635 shares. The stock had previously closed at C$0.63.

Western Investment Company of Canada Price Performance

The company’s 50-day moving average price is C$0.49 and its 200-day moving average price is C$0.47. The company has a quick ratio of 0.07, a current ratio of 2.23 and a debt-to-equity ratio of 58.77. The firm has a market cap of C$18.43 million, a price-to-earnings ratio of -30.50 and a beta of 0.76.

Western Investment Company of Canada Company Profile

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The Western Investment Company of Canada Limited, is a private equity firm specializing in buyout and middle market investments. It seeks investments in retail and distribution, human services, agriculture and related services and special situations. The firm prefers to invest in USA and Canada with a focus in companies which are headquartered in Western Canada like Alberta, British Columbia, Manitoba and Saskatchewan.

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