Western Investment Company of Canada (CVE:WI) Stock Price Up 11.9% – What’s Next?

The Western Investment Company of Canada Limited (CVE:WIGet Free Report) rose 11.9% during mid-day trading on Wednesday . The company traded as high as C$1.70 and last traded at C$0.75. Approximately 253,069 shares were traded during mid-day trading, an increase of 389% from the average daily volume of 51,749 shares. The stock had previously closed at C$0.67.

Western Investment Company of Canada Price Performance

The company has a 50-day simple moving average of C$0.62 and a two-hundred day simple moving average of C$0.61. The stock has a market capitalization of C$127.08 million, a price-to-earnings ratio of 29.01 and a beta of -0.74. The company has a debt-to-equity ratio of 58.77, a current ratio of 2.23 and a quick ratio of 0.07.

About Western Investment Company of Canada

(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

Receive News & Ratings for Western Investment Company of Canada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Investment Company of Canada and related companies with MarketBeat.com's FREE daily email newsletter.