Westaim (CVE:WED) Reaches New 1-Year Low – Time to Sell?

The Westaim Co. (CVE:WEDGet Free Report)’s stock price reached a new 52-week low on Wednesday . The company traded as low as C$21.38 and last traded at C$21.38, with a volume of 13726 shares changing hands. The stock had previously closed at C$22.00.

Westaim Stock Down 1.2%

The company has a quick ratio of 27.60, a current ratio of 7.06 and a debt-to-equity ratio of 1.25. The firm has a market cap of C$689.96 million, a PE ratio of -10.88 and a beta of -0.17. The firm’s 50 day moving average is C$23.33 and its 200-day moving average is C$24.31.

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.

Further Reading

Receive News & Ratings for Westaim Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Westaim and related companies with MarketBeat.com's FREE daily email newsletter.