Highwood Asset Management Ltd. (CVE:HAM – Get Free Report)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as C$6.01 and last traded at C$5.76, with a volume of 67132 shares. The stock had previously closed at C$4.90.
Highwood Asset Management Stock Down 5.9%
The firm’s 50-day simple moving average is C$4.87 and its 200 day simple moving average is C$4.46. The stock has a market capitalization of C$78.81 million, a P/E ratio of 20.74 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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