Western Investment Company of Canada (CVE:WI) Stock Price Down 1.1% – Time to Sell?

The Western Investment Company of Canada Limited (CVE:WI) dropped 1.1% during trading on Monday . The company traded as low as C$0.87 and last traded at C$0.89. Approximately 1,000 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 35,112 shares. The stock had previously closed at C$0.90.

Western Investment Company of Canada Trading Up 6.7%

The stock has a market capitalization of C$150.91 million, a PE ratio of 34.45 and a beta of -0.69. 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 business’s 50-day moving average is C$0.87 and its two-hundred day moving average is C$0.72.

Western Investment Company of Canada Company Profile

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.