Western Investment Company of Canada (CVE:WI) Stock Price Down 1.7% - What's Next?

Key Points

• Western Investment Company of Canada shares fell by 1.7% to trade at C$0.57, with approximately 64,500 shares changing hands, significantly higher than its average daily volume.
• The company has a market capitalization of C$90.55 million, a price-to-earnings ratio of 14.62, and a debt-to-equity ratio of 58.77.
• This private equity firm focuses on buyout and middle market investments, primarily in retail, human services, and agricultural sectors, particularly in Western Canada.

The Western Investment Company of Canada Limited (CVE:WI - Get Free Report) was down 1.7% on Thursday . The company traded as low as C$0.57 and last traded at C$0.57. Approximately 64,500 shares were traded during trading, an increase of 69% from the average daily volume of 38,061 shares. The stock had previously closed at C$0.58.

Western Investment Company of Canada Stock Down 1.6%

The firm has a 50-day moving average price of C$0.62 and a 200 day moving average price of C$0.58. 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 company has a market cap of C$95.31 million, a price-to-earnings ratio of 15.38 and a beta of -0.48.

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.