Westaim (OTCMKTS:WEDXF – Get Free Report) released its quarterly earnings data on Thursday. The company reported ($1.00) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.33) by ($0.67), Zacks reports. Westaim had a negative return on equity of 6.05% and a negative net margin of 77.37%.
Westaim Price Performance
WEDXF traded up $0.03 during trading hours on Thursday, reaching $16.77. 204 shares of the stock traded hands, compared to its average volume of 2,513. The firm’s fifty day simple moving average is $17.42 and its two-hundred day simple moving average is $17.73. The company has a market cap of $559.82 million, a price-to-earnings ratio of -13.31 and a beta of 0.18. Westaim has a fifty-two week low of $15.50 and a fifty-two week high of $23.77.
Westaim Company Profile
Westaim Corp. (OTCMKTS: WEDXF) is a Toronto-based investment firm focused on creating value through specialized credit, real estate and private equity strategies. The company operates as a capital allocator, partnering with experienced managers to deploy capital across a range of alternative asset classes. Westaim’s platform is designed to generate attractive risk-adjusted returns while maintaining a flexible mandate that can adapt to changing market conditions.
Through its private equity activities, Westaim invests alongside established sponsors in opportunities spanning leveraged buyouts, growth equity and carve-out transactions.
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