Highwood Asset Management (CVE:HAM) Hits New 1-Year Low – Here’s What Happened

Highwood Asset Management Ltd. (CVE:HAMGet Free Report) hit a new 52-week low during trading on Friday . The stock traded as low as C$3.80 and last traded at C$3.80, with a volume of 6150 shares traded. The stock had previously closed at C$3.82.

Highwood Asset Management Stock Performance

The company’s 50 day moving average is C$4.25 and its 200 day moving average is C$4.81. The stock has a market capitalization of C$53.98 million, a price-to-earnings ratio of 3.15 and a beta of 0.03.

Highwood Asset Management Company Profile

(Get Free Report)

Highwood Asset Management Ltd., together with its subsidiary, engages in the acquisition, exploration, development, and production of oil and gas reserves in the Western Canadian Sedimentary basin. The company operates through Metallic Minerals, Midstream Operations, and Upstream Operations segments. It holds 100% interest in the Wabsaca River pipeline system, a crude oil sales line with a capacity to deliver 20,000 barrel per day of crude to the Plains Rainbow System in Edmonton, Northern Alberta.

Further Reading

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