Western Investment Company of Canada (CVE:WI) Director Scott Tannas Sells 50,000 Shares

The Western Investment Company of Canada Limited (CVE:WI) Director Scott Tannas sold 50,000 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of C$0.95, for a total transaction of C$47,500.00. Following the completion of the transaction, the director owned 29,638 shares of the company’s stock, valued at C$28,156.10. This represents a 62.78% decrease in their position.

Scott Tannas also recently made the following trade(s):

• On Monday, June 15th, Scott Tannas acquired 50,000 shares of Western Investment Company of Canada stock. The stock was bought at an average price of C$0.95 per share, with a total value of C$47,500.00.

Western Investment Company of Canada Stock Performance

CVE WI traded up C$0.01 during trading hours on Wednesday, hitting C$0.96. The company had a trading volume of 9,010 shares, compared to its average volume of 39,473. The company has a debt-to-equity ratio of 58.77, a quick ratio of 0.07 and a current ratio of 2.23. The Western Investment Company of Canada Limited has a 1-year low of C$0.46 and a 1-year high of C$1.70. The company has a market cap of C$153.82 million, a PE ratio of 17.14 and a beta of 0.00. The business has a 50 day moving average of C$0.95 and a 200-day moving average of C$0.84.

Western Investment Company of Canada Company Profile

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.