Western Investment Company of Canada (CVE:WI) Shares Down 3.6%

The Western Investment Company of Canada Limited (CVE:WI) fell 3.6% during mid-day trading on Tuesday . The company traded as low as C$0.54 and last traded at C$0.54. 8,500 shares were traded during mid-day trading, a decline of 85% from the average session volume of 55,081 shares. The stock had previously closed at C$0.56.

Western Investment Company of Canada Stock Performance

The company has a debt-to-equity ratio of 52.63, a quick ratio of 0.07 and a current ratio of 0.44. The company has a market capitalization of C$15.11 million, a price-to-earnings ratio of 50.00 and a beta of 0.78. The firm’s 50 day simple moving average is C$0.53 and its 200-day simple moving average is C$0.47.

Western Investment Company of Canada (CVE:WI) last announced its quarterly earnings data on Monday, May 27th. The company reported C($0.02) EPS for the quarter. Western Investment Company of Canada had a net margin of 10.03% and a return on equity of 1.61%. The company had revenue of C($0.04) million for the quarter.

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.