Western Investment Company of Canada (CVE:WI) Shares Up 1% – What’s Next?

The Western Investment Company of Canada Limited (CVE:WI)’s stock price rose 1% during mid-day trading on Wednesday . The company traded as high as C$0.50 and last traded at C$0.49. Approximately 86,500 shares traded hands during trading, an increase of 95% from the average daily volume of 44,331 shares. The stock had previously closed at C$0.49.

Western Investment Company of Canada Price Performance

The company’s 50 day simple moving average is C$0.44 and its 200-day simple moving average is C$0.46. 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 firm has a market capitalization of C$16.01 million, a PE ratio of -26.50 and a beta of 0.76.

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.