Western Investment Company of Canada (CVE:WI) Shares Down 10.9% – Should You Sell?

Shares of The Western Investment Company of Canada Limited (CVE:WIGet Free Report) traded down 10.9% during trading on Wednesday . The company traded as low as C$0.55 and last traded at C$0.57. 109,600 shares changed hands during mid-day trading, an increase of 225% from the average session volume of 33,774 shares. The stock had previously closed at C$0.64.

Western Investment Company of Canada Price Performance

The company has a market capitalization of C$18.43 million, a P/E ratio of -30.50 and a beta of 0.76. The company has a current ratio of 2.23, a quick ratio of 0.07 and a debt-to-equity ratio of 58.77. The business’s fifty day moving average price is C$0.64 and its 200-day moving average price is C$0.51.

About Western Investment Company of Canada

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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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