Highwood Asset Management (CVE:HAM) Shares Down 1.6% – Time to Sell?

Highwood Asset Management Ltd. (CVE:HAMGet Free Report) fell 1.6% on Thursday . The stock traded as low as C$6.00 and last traded at C$6.00. Approximately 7,821 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 12,140 shares. The stock had previously closed at C$6.10.

Highwood Asset Management Stock Performance

The company has a market capitalization of C$83.62 million, a price-to-earnings ratio of 3.95 and a beta of -0.26. The firm has a fifty day moving average price of C$5.58 and a 200-day moving average price of C$5.09.

About Highwood Asset Management

(Get Free Report)

Highwood Asset Management Ltd., together with its subsidiary, engages in the acquisition, exploration, development, and production of oil and gas reserves in the Western Canadian Sedimentary basin. The company operates through Metallic Minerals, Midstream Operations, and Upstream Operations segments. It holds 100% interest in the Wabsaca River pipeline system, a crude oil sales line with a capacity to deliver 20,000 barrel per day of crude to the Plains Rainbow System in Edmonton, Northern Alberta.

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