Westaim (OTCMKTS:WEDXF) Hits New 52-Week Low – Here’s What Happened

Westaim Corp. (OTCMKTS:WEDXFGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $15.75 and last traded at $15.75, with a volume of 4846 shares trading hands. The stock had previously closed at $16.26.

Westaim Price Performance

The stock’s fifty day simple moving average is $18.43 and its 200-day simple moving average is $20.71. The firm has a market cap of $522.74 million, a PE ratio of -11.13 and a beta of 0.20.

Westaim (OTCMKTS:WEDXFGet Free Report) last announced its quarterly earnings data on Thursday, November 13th. The company reported ($0.35) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.19). Westaim had a negative net margin of 118.02% and a negative return on equity of 5.51%. The company had revenue of $14.00 million for the quarter, compared to analysts’ expectations of $1.62 million.

About Westaim

(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.

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