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

The Western Investment Company of Canada Limited (CVE:WI) dropped 1.1% on Thursday . The company traded as low as C$0.90 and last traded at C$0.94. Approximately 20,027 shares were traded during trading, a decline of 50% from the average daily volume of 39,691 shares. The stock had previously closed at C$0.95.

Western Investment Company of Canada Stock 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 stock has a market capitalization of C$149.32 million, a P/E ratio of 34.09 and a beta of -0.85. The business has a 50-day moving average price of C$0.81 and a 200 day moving average price of C$0.68.

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.