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

The Westaim Co. (CVE:WEDGet Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$18.83 and last traded at C$18.88, with a volume of 4389 shares. The stock had previously closed at C$18.88.

Westaim Stock Performance

The firm has a market cap of C$627.67 million, a price-to-earnings ratio of -4.27 and a beta of -0.28. The stock’s 50 day moving average is C$21.13 and its 200 day moving average is C$22.73. The company has a current ratio of 5.44, a quick ratio of 27.60 and a debt-to-equity ratio of 1.38.

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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