Highwood Asset Management (CVE:HAM) Sets New 52-Week Low – Here’s Why

by · The Markets Daily

Highwood Asset Management Ltd. (CVE:HAM – Get Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as C$4.20 and last traded at C$4.00, with a volume of 5001 shares traded. The stock had previously closed at C$4.22.

Highwood Asset Management Stock Performance

The firm’s fifty day moving average is C$4.59 and its two-hundred day moving average is C$5.06. The company has a market cap of C$58.47 million, a P/E ratio of 3.42 and a beta of -1.99.

Highwood Asset Management Company Profile

(Get Free Report)

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.

See Also