Westaim (CVE:WED) Sets 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 Wednesday . The stock traded as low as C$21.38 and last traded at C$21.38, with a volume of 13726 shares. The stock had previously closed at C$22.00.

Westaim Price Performance

The company has a debt-to-equity ratio of 1.25, a current ratio of 7.06 and a quick ratio of 27.60. The firm has a market cap of C$715.84 million, a price-to-earnings ratio of -11.29 and a beta of -0.17. The stock has a 50-day moving average price of C$23.47 and a 200 day moving average price of C$24.37.

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.

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