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

Highwood Asset Management Ltd. (CVE:HAMGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$3.90 and last traded at C$3.85, with a volume of 7024 shares traded. The stock had previously closed at C$3.98.

Highwood Asset Management Price Performance

The stock has a market cap of C$54.91 million, a PE ratio of 3.21 and a beta of -1.99. The firm’s 50 day moving average price is C$4.49 and its two-hundred day moving average price is C$4.98.

Highwood Asset Management Company Profile

(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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