Western Investment Company of Canada (CVE:WI) Stock Price Down 3.2% – Here’s Why

Shares of The Western Investment Company of Canada Limited (CVE:WIGet Free Report) were down 3.2% during mid-day trading on Tuesday . The stock traded as low as C$0.60 and last traded at C$0.60. Approximately 5,501 shares changed hands during trading, a decline of 90% from the average daily volume of 55,142 shares. The stock had previously closed at C$0.62.

Western Investment Company of Canada Stock Performance

The firm has a fifty day simple moving average of C$0.62 and a 200-day simple moving average of C$0.60. The company has a market cap of C$95.31 million, a PE ratio of 15.38 and a beta of -0.69. The company has a quick ratio of 0.07, a current ratio of 2.23 and a debt-to-equity ratio of 58.77.

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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