WesternOne Inc (WEQ) Trading Up 3.2%

WesternOne Inc (TSE:WEQ) was up 3.2% on Friday . The company traded as high as C$1.60 and last traded at C$1.60. Approximately 5,883 shares traded hands during trading, a decline of 53% from the average daily volume of 12,529 shares. The stock had previously closed at C$1.55.

The stock’s market capitalization is $27.23 million. The firm has a 50 day moving average price of $1.42 and a 200-day moving average price of $1.48.

In related news, Director Joseph Lee Grant Matheson purchased 38,025 shares of WesternOne stock in a transaction that occurred on Tuesday, June 20th. The stock was purchased at an average cost of C$1.51 per share, with a total value of C$57,417.75. Insiders have purchased 144,650 shares of company stock valued at $215,967 over the last three months.

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WesternOne Company Profile

WesternOne Inc is a Canada-based company focused on acquiring businesses in the construction and infrastructure services sectors. The Company’s segments include heat services and aerial equipment (WIS), and modular building construction and rentals, Britco LP (Britco). WIS operates under the brand, WesternOne Infrastructure Services and provides heat and related services to the construction, infrastructure and oil and gas sectors, and aerial equipment for construction, television and movie production.

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