Highwood Asset Management (CVE:HAM) Reaches New 1-Year Low – Should You Sell?

Highwood Asset Management Ltd. (CVE:HAMGet Free Report) reached a new 52-week low during trading on Friday . The stock traded as low as C$3.80 and last traded at C$3.80, with a volume of 6150 shares trading hands. The stock had previously closed at C$3.82.

Highwood Asset Management Stock Down 0.4%

The firm has a fifty day moving average of C$4.27 and a 200-day moving average of C$4.83. The firm has a market cap of C$54.20 million, a P/E ratio of 3.17 and a beta of 0.03.

About Highwood Asset Management

(Get Free Report)

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. It holds 100% interest in the Wabsaca River pipeline system, a crude oil sales line with a capacity to deliver 20,000 barrel per day of crude to the Plains Rainbow System in Edmonton, Northern Alberta.

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