Highwood Asset Management (CVE:HAM) Shares Up 1.2% – Still a Buy?

Highwood Asset Management Ltd. (CVE:HAMGet Free Report)’s stock price was up 1.2% during mid-day trading on Friday . The stock traded as high as C$4.25 and last traded at C$4.25. Approximately 5,939 shares were traded during mid-day trading, a decline of 31% from the average daily volume of 8,643 shares. The stock had previously closed at C$4.20.

Highwood Asset Management Stock Performance

The stock’s fifty day moving average price is C$3.99 and its 200-day moving average price is C$4.52. The firm has a market cap of C$60.61 million, a PE ratio of 3.54 and a beta of 0.15.

About Highwood Asset Management

(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.

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