Insider Buying: Western Investment Company of Canada (CVE:WI) Director Purchases C$47,500.00 in Stock

The Western Investment Company of Canada Limited (CVE:WI) Director Scott Tannas acquired 50,000 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was acquired at an average price of C$0.95 per share, with a total value of C$47,500.00. Following the acquisition, the director directly owned 1,543,002 shares of the company’s stock, valued at approximately C$1,465,851.90. This represents a 3.35% increase in their position.

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

• On Friday, June 12th, Scott Tannas sold 50,000 shares of Western Investment Company of Canada stock. The stock was sold at an average price of C$0.95, for a total transaction of C$47,500.00.

Western Investment Company of Canada Price Performance

Western Investment Company of Canada stock opened at C$0.97 on Friday. The firm has a market cap of C$155.42 million, a PE ratio of 17.32 and a beta of -0.00. The Western Investment Company of Canada Limited has a 52-week low of C$0.46 and a 52-week high of C$1.70. 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 company’s 50 day moving average is C$0.95 and its two-hundred day moving average is C$0.85.

About Western Investment Company of Canada

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.