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Highwood Asset Management (CVE:HAM) Trading 0.3% Higher - Here's Why

Highwood Asset Management logo with Energy background

Highwood Asset Management Ltd. (CVE:HAM - Get Free Report)'s share price was up 0.3% during mid-day trading on Thursday . The stock traded as high as C$6.12 and last traded at C$6.12. Approximately 190 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 9,050 shares. The stock had previously closed at C$6.10.

Highwood Asset Management Price Performance

The firm's 50 day moving average is C$5.93 and its 200 day moving average is C$5.75. The company has a market capitalization of C$91.56 million, a PE ratio of 1.14 and a beta of -0.90.

Insiders Place Their Bets

In other news, Director Raymond Kwan bought 11,900 shares of the company's stock in a transaction dated Thursday, December 19th. The stock was bought at an average cost of C$5.75 per share, for a total transaction of C$68,425.00. Insiders own 54.00% of the company's stock.

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.

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