Western Investment Company of Canada (CVE:WI) Trading 2.7% Higher – Here’s What Happened

Shares of The Western Investment Company of Canada Limited (CVE:WI) were up 2.7% during mid-day trading on Tuesday . The company traded as high as C$1.14 and last traded at C$1.14. Approximately 36,364 shares traded hands during mid-day trading, a decline of 4% from the average daily volume of 37,998 shares. The stock had previously closed at C$1.11.

Western Investment Company of Canada Trading Up 2.7%

The stock has a market capitalization of C$181.09 million, a P/E ratio of -285.00 and a beta of -0.39. The firm’s 50 day moving average price is C$0.92 and its 200 day moving average price is C$0.78. The company has a debt-to-equity ratio of 58.77, a current ratio of 2.23 and a quick ratio of 0.07.

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.