Western Investment Company of Canada (CVE:WI) Trading Down 1.6% – Time to Sell?

The Western Investment Company of Canada Limited (CVE:WIGet Free Report) shares fell 1.6% during mid-day trading on Thursday . The company traded as low as C$0.62 and last traded at C$0.62. 6,000 shares were traded during trading, a decline of 80% from the average session volume of 29,635 shares. The stock had previously closed at C$0.63.

Western Investment Company of Canada Trading Down 1.6 %

The firm has a market capitalization of C$18.73 million, a price-to-earnings ratio of -31.00 and a beta of 0.76. The business’s 50-day moving average price is C$0.48 and its 200 day moving average price is C$0.46. The company has a debt-to-equity ratio of 58.77, a current ratio of 2.23 and a quick ratio of 0.07.

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.

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