Western Investment Company of Canada (CVE:WI) Trading Up 4.4%

The Western Investment Company of Canada Limited (CVE:WI) shares were up 4.4% during trading on Tuesday . The stock traded as high as C$0.47 and last traded at C$0.47. Approximately 10,000 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 45,305 shares. The stock had previously closed at C$0.45.

Western Investment Company of Canada Stock Performance

The firm’s fifty day simple moving average is C$0.48 and its 200 day simple moving average is C$0.49. The company has a market capitalization of C$14.20 million, a price-to-earnings ratio of -47.00 and a beta of 0.77. The company has a debt-to-equity ratio of 53.93, a current ratio of 1.33 and a quick ratio of 0.07.

Western Investment Company of Canada (CVE:WI) last posted its quarterly earnings results on Monday, May 27th. The company reported C($0.02) EPS for the quarter. The company had revenue of C($0.04) million for the quarter. Western Investment Company of Canada had a negative return on equity of 3.71% and a negative net margin of 32.37%.

Western Investment Company of Canada Company Profile

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.