Western Investment Company of Canada (CVE:WI) Shares Down 1.1% – Should You Sell?

Shares of The Western Investment Company of Canada Limited (CVE:WI) fell 1.1% during trading on Thursday . The stock traded as low as C$0.90 and last traded at C$0.94. 20,027 shares changed hands during trading, a decline of 50% from the average session volume of 39,691 shares. The stock had previously closed at C$0.95.

Western Investment Company of Canada Trading Down 1.1%

The stock’s fifty day moving average price is C$0.81 and its 200 day moving average price is C$0.68. The company has a quick ratio of 0.07, a current ratio of 2.23 and a debt-to-equity ratio of 58.77. The stock has a market cap of C$149.32 million, a PE ratio of 34.09 and a beta of -0.85.

About Western Investment Company of Canada

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.