Western Investment Company of Canada (CVE:WI) Trading Up 2.7% – Should You Buy?

The Western Investment Company of Canada Limited (CVE:WIGet Free Report) was up 2.7% on Tuesday . The company traded as high as C$1.14 and last traded at C$1.14. Approximately 36,364 shares changed hands during mid-day trading, a decline of 4% from the average daily volume of 37,998 shares. The stock had previously closed at C$1.11.

Western Investment Company of Canada Price Performance

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 capitalization of C$142.97 million, a price-to-earnings ratio of -225.00 and a beta of -0.39. The stock’s 50 day moving average price is C$0.92 and its two-hundred day moving average price is C$0.79.

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. Through its subsidiaries, operates as an automotive glass service company in Canada.

Further Reading

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