Western Investment Company of Canada (CVE:WI) Trading 3.2% Higher - Should You Buy?

Key Points

• Western Investment Company of Canada (CVE:WI) saw a 3.2% increase in stock price, peaking at C$0.65 during trading on Tuesday.
• The company has a market capitalization of C$103.25 million and significant financial ratios, including a debt-to-equity ratio of 58.77.
• Specializing in private equity, the company focuses on buyout and middle market investments in sectors like retail, agriculture, and human services, particularly in Western Canada.

The Western Investment Company of Canada Limited (CVE:WI - ) traded up 3.2% on Tuesday . The company traded as high as C$0.65 and last traded at C$0.65. 50,000 shares traded hands during trading, a decline of 14% from the average session volume of 58,330 shares. The stock had previously closed at C$0.63.

Western Investment Company of Canada Stock Performance

The company has a quick ratio of 0.07, a current ratio of 2.23 and a debt-to-equity ratio of 58.77. The stock has a 50 day moving average price of C$0.61 and a two-hundred day moving average price of C$0.59. The company has a market cap of C$103.25 million, a P/E ratio of 16.67 and a beta of -0.66.

About Western Investment Company of Canada

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.