Western Investment Company of Canada (CVE:WI) Trading Down 9.6% – Here’s What Happened

The Western Investment Company of Canada Limited (CVE:WIGet Free Report) shares traded down 9.6% on Wednesday . The company traded as low as C$0.97 and last traded at C$1.03. 107,737 shares were traded during mid-day trading, an increase of 178% from the average session volume of 38,717 shares. The stock had previously closed at C$1.14.

Western Investment Company of Canada Stock Down 12.3%

The business’s 50 day simple moving average is C$0.92 and its 200 day simple moving average is C$0.78. The company has a market capitalization of C$158.85 million, a PE ratio of -250.00 and a beta of -0.39. The company has a quick ratio of 0.07, a current ratio of 2.23 and a debt-to-equity ratio of 58.77.

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

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