Highwood Asset Management Ltd. (CVE:HAM – Get Free Report)’s stock price fell 4.6% on Wednesday . The stock traded as low as C$4.75 and last traded at C$4.75. 7,992 shares traded hands during trading, a decline of 21% from the average daily volume of 10,136 shares. The stock had previously closed at C$4.98.
Highwood Asset Management Stock Down 4.6%
The firm’s fifty day simple moving average is C$5.03 and its 200-day simple moving average is C$4.53. The company has a market cap of C$66.85 million, a PE ratio of 17.59 and a beta of -0.28.
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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