Western Investment Company of Canada (CVE:WI) Trading Down 1.1% - Should You Sell?

Key Points

• Share movement: The stock fell 1.1% to C$0.89 (intraday low C$0.87) with only 1,000 shares traded, a 97% drop versus its average daily volume of 35,112.
• Financial and business snapshot: Market cap is about C$141M with a P/E of 32.3 and 50/200‑day moving averages of C$0.87/C$0.72; the firm has high leverage (debt/equity 58.8), a solid current ratio (2.23) but very low quick ratio (0.07), and operates as a private‑equity investor (plus automotive glass services) focused on middle‑market deals in Western Canada and the U.S.

The Western Investment Company of Canada Limited (CVE:WI - )'s stock price traded down 1.1% during trading on Monday . The company traded as low as C$0.87 and last traded at C$0.89. 1,000 shares were traded during mid-day trading, a decline of 97% from the average session volume of 35,112 shares. The stock had previously closed at C$0.90.

Western Investment Company of Canada Stock Performance

The company has a fifty day moving average of C$0.87 and a two-hundred day moving average of C$0.72. The stock has a market capitalization of C$141.38 million, a P/E ratio of 32.27 and a beta of -0.69. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.