Western Investment Company of Canada (CVE:WI) Stock Price Down 3.6% – What’s Next?

The Western Investment Company of Canada Limited (CVE:WIGet Free Report) fell 3.6% during trading on Monday . The stock traded as low as C$0.40 and last traded at C$0.40. 7,500 shares changed hands during trading, a decline of 82% from the average session volume of 41,675 shares. The stock had previously closed at C$0.42.

Western Investment Company of Canada Price Performance

The business’s fifty day moving average price is C$0.43 and its 200 day moving average price is C$0.47. The company has a debt-to-equity ratio of 58.77, a current ratio of 2.23 and a quick ratio of 0.07. The stock has a market cap of C$12.08 million, a P/E ratio of -20.00 and a beta of 0.76.

About Western Investment Company of Canada

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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.

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