Shares of Acasta Enterprises Inc (TSE:AEF) dropped 2.7% on Wednesday . The company traded as low as C$5.25 and last traded at C$5.35. Approximately 6,500 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 28,718 shares. The stock had previously closed at C$5.50.

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About Acasta Enterprises

Acasta Enterprises Inc is a private equity firm specializing in buyouts. The firm prefers to invest in private label consumer staples and aviation finance and asset management companies. Acasta Enterprises Inc was founded in 2015 and is based in Toronto, Canada.

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