Highwood Asset Management (CVE:HAM) Stock Price Up 5.7% – Here’s Why

Highwood Asset Management Ltd. (CVE:HAMGet Free Report)’s share price was up 5.7% during mid-day trading on Wednesday . The stock traded as high as C$5.74 and last traded at C$5.71. Approximately 15,146 shares traded hands 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 Trading Up 5.7 %

The company has a market capitalization of C$84.74 million, a price-to-earnings ratio of 1.05 and a beta of -0.90. The firm has a 50-day simple moving average of C$5.92 and a two-hundred day simple moving average of C$5.89.

Insider Activity at Highwood Asset Management

In other Highwood Asset Management news, Director Raymond Kwan bought 11,900 shares of Highwood Asset Management stock in a transaction on Thursday, December 19th. The shares were bought at an average price of C$5.75 per share, for a total transaction of C$68,425.00. 54.00% of the stock is owned by corporate insiders.

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.

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