Western Investment Company of Canada (CVE:WI) Shares Down 1.1% – What’s Next?

The Western Investment Company of Canada Limited (CVE:WI)’s stock price fell 1.1% on Thursday . The stock traded as low as C$0.90 and last traded at C$0.94. 20,027 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 39,691 shares. The stock had previously closed at C$0.95.

Western Investment Company of Canada Stock Down 4.3%

The company’s fifty day simple moving average is C$0.82 and its 200 day simple moving average is C$0.69. The company has a current ratio of 2.23, a quick ratio of 0.07 and a debt-to-equity ratio of 58.77. The firm has a market capitalization of C$142.97 million, a P/E ratio of 32.64 and a beta of -0.69.

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.