Highwood Asset Management (CVE:HAM) Trading 2.1% Higher – Still a Buy?

Highwood Asset Management Ltd. (CVE:HAMGet Free Report)’s stock price was up 2.1% on Thursday . The stock traded as high as C$5.79 and last traded at C$5.77. Approximately 1,937 shares were traded during trading, a decline of 85% from the average daily volume of 12,547 shares. The stock had previously closed at C$5.65.

Highwood Asset Management Price Performance

The company has a market cap of C$81.20 million, a price-to-earnings ratio of 21.37 and a beta of -0.12. The business’s 50-day simple moving average is C$5.31 and its 200-day simple moving average is C$4.87.

Highwood Asset Management Company Profile

(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.

Further Reading

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