Western Investment Company of Canada (CVE:WI) Shares Down 2.6% – Should You Sell?

The Western Investment Company of Canada Limited (CVE:WI – Get Free Report)’s stock price fell 2.6% during mid-day trading on Thursday. The company traded as low as C$1.11 and last traded at C$1.11. Approximately 103,776 shares changed hands during trading, an increase of 163% from the average daily volume of 39,471 shares. The stock had previously closed at C$1.14.

Western Investment Company of Canada Stock Performance

The stock has a market capitalization of C$177.85 million, a PE ratio of 20.94 and a beta of 0.28. The firm’s fifty day moving average is C$1.08 and its 200-day moving average is C$1.02. The company has a current ratio of 2.23, a quick ratio of 0.07 and a debt-to-equity ratio of 58.77.

Western Investment Company of Canada Company Profile

(Get Free Report)

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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