WesternOne (WEQ) Trading Down 10.8%
WesternOne Inc (TSE:WEQ) dropped 10.8% during trading on Tuesday . The company traded as low as C$1.30 and last traded at C$1.44. Approximately 20,757 shares were traded during trading, an increase of 16% from the average daily volume of 17,871 shares. The stock had previously closed at C$1.30.
In related news, Director Robert William King acquired 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 22nd. The shares were acquired at an average cost of C$1.30 per share, for a total transaction of C$26,000.00. Over the last 90 days, insiders have purchased 35,500 shares of company stock worth $48,090.
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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