Westaim (CVE:WED) Hits New 52-Week Low – What’s Next?

Shares of The Westaim Co. (CVE:WEDGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$19.18 and last traded at C$19.18, with a volume of 15722 shares traded. The stock had previously closed at C$19.46.

Westaim Price Performance

The company has a market capitalization of C$623.34 million, a price-to-earnings ratio of -4.24 and a beta of -0.18. The business has a fifty day moving average price of C$21.60 and a 200 day moving average price of C$22.99.

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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