Highwood Asset Management (CVE:HAM) Trading 1.2% Higher – Time to Buy?

Highwood Asset Management Ltd. (CVE:HAMGet Free Report) shares traded up 1.2% during mid-day trading on Friday . The stock traded as high as C$4.25 and last traded at C$4.25. 5,939 shares traded hands during trading, a decline of 31% from the average session volume of 8,643 shares. The stock had previously closed at C$4.20.

Highwood Asset Management Trading Up 1.2%

The firm has a market cap of C$60.61 million, a PE ratio of 3.54 and a beta of 0.15. The stock’s 50 day moving average price is C$3.99 and its 200 day moving average price is C$4.52.

About Highwood Asset Management

(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.

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