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

The Western Investment Company of Canada Limited (CVE:WI) fell 1.1% during mid-day trading on Monday . The stock traded as low as C$0.87 and last traded at C$0.89. 1,000 shares changed hands during 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 Price Performance

The company has a debt-to-equity ratio of 58.77, a quick ratio of 0.07 and a current ratio of 2.23. The firm has a market capitalization of C$141.38 million, a P/E ratio of 32.27 and a beta of -0.69. The business has a fifty day moving average of C$0.87 and a 200-day moving average of C$0.72.

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. Through its subsidiaries, operates as an automotive glass service company in Canada.