Highwood Asset Management (CVE:HAM) Trading Down 4.6% – Should You Sell?

Highwood Asset Management Ltd. (CVE:HAMGet Free Report)’s share price was down 4.6% on Wednesday . The stock traded as low as C$4.75 and last traded at C$4.75. 7,992 shares were traded during trading, a decline of 21% from the average session volume of 10,136 shares. The stock had previously closed at C$4.98.

Highwood Asset Management Price Performance

The firm has a market capitalization of C$66.42 million, a price-to-earnings ratio of 17.48 and a beta of -0.28. The business has a fifty day moving average price of C$5.03 and a two-hundred day moving average price of C$4.53.

About Highwood Asset Management

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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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