Westaim (CVE:WED) Reaches New 52-Week Low – Should You Sell?

Shares of The Westaim Co. (CVE:WEDGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$20.45 and last traded at C$22.49, with a volume of 841 shares. The stock had previously closed at C$22.49.

Westaim Stock Performance

The firm has a market cap of C$763.30 million, a PE ratio of -12.04 and a beta of -0.17. The stock has a 50-day moving average price of C$23.20 and a 200 day moving average price of C$24.22. The company has a debt-to-equity ratio of 1.25, a current ratio of 7.06 and a quick ratio of 27.60.

About Westaim

(Get Free Report)

The Westaim Corporation is a private equity firm specializing in direct and indirect investments through acquisitions, joint ventures, secondary investments both direct and indirect, fund of fund investments, and other arrangements. For direct investments, the firm invests in early venture, mid venture, late venture, middle market, later stage, mature, emerging growth, PIPEs, and buyout transactions. For fund of fund investments, it seeks to invest in private equity funds, venture capital funds, and hedge funds.

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