Western Investment Company of Canada (CVE:WI) Stock Price Down 1.8% – Time to Sell?

The Western Investment Company of Canada Limited (CVE:WIGet Free Report) shares traded down 1.8% during trading on Thursday . The company traded as low as C$0.55 and last traded at C$0.55. 33,050 shares changed hands during mid-day trading, an increase of 12% from the average session volume of 29,512 shares. The stock had previously closed at C$0.56.

Western Investment Company of Canada Stock Down 1.8 %

The company has a 50-day moving average of C$0.62 and a two-hundred day moving average of C$0.52. The company has a quick ratio of 0.07, a current ratio of 2.23 and a debt-to-equity ratio of 58.77. The company has a market capitalization of C$16.62 million, a P/E ratio of -27.50 and a beta of 0.76.

About Western Investment Company of Canada

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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.

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