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

The Westaim Co. (CVE:WEDGet Free Report)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$19.24 and last traded at C$19.25, with a volume of 15656 shares changing hands. The stock had previously closed at C$19.55.

Westaim Price Performance

The stock has a 50-day moving average of C$21.99 and a 200 day moving average of C$23.25. The stock has a market capitalization of C$639.97 million, a price-to-earnings ratio of -4.36 and a beta of -0.18.

Westaim Company Profile

(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.

Read More

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.