Highwood Asset Management (CVE:HAM) Reaches New 1-Year High – Time to Buy?

Highwood Asset Management Ltd. (CVE:HAMGet Free Report)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as C$5.82 and last traded at C$5.90, with a volume of 100112 shares changing hands. The stock had previously closed at C$5.66.

Highwood Asset Management Stock Down 0.6%

The stock has a market cap of C$86.55 million, a P/E ratio of 22.78 and a beta of -0.17. The business has a 50 day moving average price of C$5.12 and a two-hundred day moving average price of C$4.67.

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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