WesternOne Inc (WEQ) Shares Up 3.2%
WesternOne Inc (TSE:WEQ) shares rose 3.2% during trading on Friday . The company traded as high as C$1.60 and last traded at C$1.60. Approximately 5,883 shares changed hands during mid-day trading, a decline of 53% from the average daily volume of 12,529 shares. The stock had previously closed at C$1.55.
The company’s 50-day moving average price is $1.42 and its 200 day moving average price is $1.48. The stock’s market cap is $27.23 million.
In related news, Director Joseph Lee Grant Matheson acquired 38,650 shares of the firm’s stock in a transaction dated Friday, June 23rd. The stock was bought at an average price of C$1.51 per share, for a total transaction of C$58,361.50. Insiders bought a total of 144,650 shares of company stock valued at $215,967 in the last 90 days.
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WesternOne Inc is a Canada-based company focused on acquiring businesses in the construction and infrastructure services sectors. The Company’s segments include heat services and aerial equipment (WIS), and modular building construction and rentals, Britco LP (Britco). WIS operates under the brand, WesternOne Infrastructure Services and provides heat and related services to the construction, infrastructure and oil and gas sectors, and aerial equipment for construction, television and movie production.
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