Western Investment Company of Canada (CVE:WI) Trading Down 2.2%

The Western Investment Company of Canada Limited (CVE:WI)’s stock price fell 2.2% during trading on Tuesday . The company traded as low as C$0.45 and last traded at C$0.45. 6,000 shares were traded during trading, a decline of 87% from the average session volume of 47,670 shares. The stock had previously closed at C$0.46.

Western Investment Company of Canada Trading Down 2.2 %

The company has a quick ratio of 0.07, a current ratio of 0.44 and a debt-to-equity ratio of 52.63. The stock has a fifty day simple moving average of C$0.49 and a 200 day simple moving average of C$0.48. The firm has a market capitalization of C$13.59 million, a P/E ratio of 45.00 and a beta of 0.78.

Western Investment Company of Canada (CVE:WI) last posted its quarterly earnings results on Monday, May 27th. The company reported C($0.02) EPS for the quarter. Western Investment Company of Canada had a net margin of 10.03% and a return on equity of 1.61%. The business had revenue of C($0.04) million for the quarter.

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.