Highwood Asset Management (CVE:HAM) Shares Up 0.9% – Here’s What Happened

Highwood Asset Management Ltd. (CVE:HAM)’s stock price rose 0.9% on Monday . The company traded as high as C$5.90 and last traded at C$5.90. Approximately 1,800 shares changed hands during trading, a decline of 73% from the average daily volume of 6,671 shares. The stock had previously closed at C$5.85.

Highwood Asset Management Trading Down 1.7 %

The company has a market capitalization of C$86.07 million, a PE ratio of 1.07 and a beta of -0.90. The company’s 50 day moving average price is C$5.81 and its 200-day moving average price is C$5.84.

Highwood Asset Management (CVE:HAM) last released its quarterly earnings data on Wednesday, August 14th. The company reported C$0.69 EPS for the quarter, topping analysts’ consensus estimates of C$0.67 by C$0.02. Highwood Asset Management had a return on equity of 91.31% and a net margin of 63.50%. The company had revenue of C$32.74 million for the quarter, compared to the consensus estimate of C$37.30 million. As a group, analysts predict that Highwood Asset Management Ltd. will post 1.7757576 earnings per share for the current year.

Highwood Asset Management Company Profile

Highwood Asset Management Ltd., together with its subsidiary, engages in the acquisition, exploration, development, and production of oil and gas reserves in the Western Canadian Sedimentary basin. The company operates through Metallic Minerals, Midstream Operations, and Upstream Operations segments.