Western Investment Company of Canada (CVE:WI) Trading Down 10.9% – Should You Sell?

The Western Investment Company of Canada Limited (CVE:WIGet Free Report)’s share price traded down 10.9% during mid-day trading on Wednesday . The company traded as low as C$0.55 and last traded at C$0.57. 109,600 shares changed hands during mid-day trading, an increase of 225% from the average session volume of 33,774 shares. The stock had previously closed at C$0.64.

Western Investment Company of Canada Stock Down 10.9 %

The company has a 50 day moving average of C$0.63 and a 200-day moving average of C$0.51. The company has a market cap of C$17.22 million, a P/E ratio of -28.50 and a beta of 0.76. The company has a debt-to-equity ratio of 58.77, a current ratio of 2.23 and a quick ratio of 0.07.

About Western Investment Company of Canada

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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.

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