Western Investment Company of Canada (CVE:WI) Stock Price Down 9.6% – Time to Sell?

The Western Investment Company of Canada Limited (CVE:WIGet Free Report) dropped 9.6% during trading on Wednesday . The company traded as low as C$0.97 and last traded at C$1.03. Approximately 107,737 shares changed hands during trading, an increase of 178% from the average daily volume of 38,717 shares. The stock had previously closed at C$1.14.

Western Investment Company of Canada Trading Down 12.3%

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 company has a 50 day simple moving average of C$0.92 and a two-hundred day simple moving average of C$0.78. The company has a market cap of C$158.85 million, a PE ratio of -250.00 and a beta of -0.39.

Western Investment Company of Canada Company Profile

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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. Through its subsidiaries, operates as an automotive glass service company in Canada.

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