Shares of Westaim Corp. (OTCMKTS:WEDXF – Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $13.87, but opened at $14.89. Westaim shares last traded at $15.19, with a volume of 1,700 shares.
Westaim Stock Performance
The company has a 50 day simple moving average of $15.00 and a 200 day simple moving average of $16.30. The company has a market capitalization of $500.56 million, a PE ratio of -3.45 and a beta of 0.20.
Westaim Company Profile
Westaim Inc is a Canadian investment company focused on building and managing strategic investments in financial services businesses. Rather than operating as a traditional consumer-facing financial institution, the company provides capital to specialized businesses and seeks to create long-term value through its ownership interests.
Westaim’s principal investment platform includes Arena Investors, a U.S.-based institutional asset manager that specializes in credit and other alternative investments.
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