Western Investment Company of Canada (CVE:WI) Stock Price Up 9.7% – Time to Buy?

The Western Investment Company of Canada Limited (CVE:WI – Get Free Report) shares shot up 9.7% on Friday. The stock traded as high as C$1.47 and last traded at C$1.47. 145,246 shares changed hands during trading, an increase of 256% from the average daily volume of 40,791 shares. The stock had previously closed at C$1.34.

Western Investment Company of Canada Stock Performance

The stock has a market cap of C$237.23 million, a price-to-earnings ratio of 26.79 and a beta of 0.09. The firm’s 50-day moving average is C$1.12 and its two-hundred day moving average is C$1.00. The company has a current ratio of 2.23, a quick ratio of 0.07 and a debt-to-equity ratio of 58.77.

Western Investment Company of Canada Company Profile

(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

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