Westaim (CVE:WED) Reaches New 52-Week Low – Time to Sell?

The Westaim Co. (CVE:WEDGet Free Report) shares reached a new 52-week low on Tuesday . The company traded as low as C$19.18 and last traded at C$19.18, with a volume of 15722 shares traded. The stock had previously closed at C$19.46.

Westaim Trading Down 1.4%

The company has a market cap of C$637.64 million, a price-to-earnings ratio of -4.34 and a beta of -0.18. The stock’s fifty day simple moving average is C$21.71 and its 200 day simple moving average is C$23.06.

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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