Highwood Asset Management Ltd. (CVE:HAM – Get Free Report)’s stock price shot up 1.1% during mid-day trading on Friday . The stock traded as high as C$5.06 and last traded at C$5.06. 3,970 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 8,814 shares. The stock had previously closed at C$5.00.
Highwood Asset Management Price Performance
The business has a fifty day moving average price of C$4.82 and a 200 day moving average price of C$4.45. The company has a market capitalization of C$71.14 million, a price-to-earnings ratio of 18.72 and a beta of -0.18.
About Highwood Asset Management
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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