Shares of Highwood Asset Management Ltd. (CVE:HAM – Get Free Report) rose 5.7% during trading on Wednesday . The company traded as high as C$5.74 and last traded at C$5.71. Approximately 15,146 shares were traded during trading, an increase of 82% from the average daily volume of 8,318 shares. The stock had previously closed at C$5.40.
Highwood Asset Management Stock Performance
The business’s 50-day moving average price is C$5.92 and its 200-day moving average price is C$5.89. The stock has a market cap of C$84.74 million, a P/E ratio of 1.05 and a beta of -0.90.
Insiders Place Their Bets
In related news, Director Raymond Kwan purchased 11,900 shares of Highwood Asset Management stock in a transaction on Thursday, December 19th. The shares were bought at an average cost of C$5.75 per share, for a total transaction of C$68,425.00. 54.00% of the stock is owned by company insiders.
Highwood Asset Management Company Profile
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.
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