Western Investment Company of Canada (CVE:WI) Stock Price Down 1.6% – What’s Next?

The Western Investment Company of Canada Limited (CVE:WIGet Free Report)’s stock price fell 1.6% during mid-day trading on Thursday . The stock 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 Stock Down 1.6 %

The firm has a market capitalization of C$18.43 million, a PE ratio of -30.50 and a beta of 0.76. The firm’s 50-day moving average is C$0.49 and its 200 day moving average is C$0.47. The company has a debt-to-equity ratio of 58.77, a quick ratio of 0.07 and a current ratio of 2.23.

About Western Investment Company of Canada

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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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