Scott Tannas Acquires 50,000 Shares of Western Investment Company of Canada (CVE:WI) Stock

The Western Investment Company of Canada Limited (CVE:WI) Director Scott Tannas acquired 50,000 shares of Western Investment Company of Canada stock in a transaction dated Monday, June 15th. The stock was acquired at an average cost of C$0.95 per share, with a total value of C$47,500.00. Following the completion of the transaction, the director directly owned 1,543,002 shares of the company’s stock, valued at C$1,465,851.90. This trade represents a 3.35% increase in their position.

Scott Tannas also recently made the following trade(s):

• On Friday, June 12th, Scott Tannas sold 50,000 shares of Western Investment Company of Canada stock. The stock was sold at an average price of C$0.95, for a total transaction of C$47,500.00.

Western Investment Company of Canada Trading Up 1.1%

Shares of WI stock opened at C$0.96 on Friday. The Western Investment Company of Canada Limited has a 1 year low of C$0.46 and a 1 year high of C$1.70. The firm’s fifty day simple moving average is C$0.95 and its 200 day simple moving average is C$0.85. The firm has a market capitalization of C$153.82 million, a P/E ratio of 17.14 and a beta of -0.00. The company has a current ratio of 2.23, a quick ratio of 0.07 and a debt-to-equity ratio of 58.77.

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.