Westaim (CVE:WED) Shares Pass Below Fifty Day Moving Average – Should You Sell?

The Westaim Co. (CVE:WEDGet Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$25.10 and traded as low as C$24.70. Westaim shares last traded at C$24.99, with a volume of 22,841 shares.

Westaim Price Performance

The stock has a market cap of C$829.22 million, a P/E ratio of -15.24 and a beta of -0.13. The stock’s 50 day simple moving average is C$25.10 and its two-hundred day simple moving average is C$26.78.

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. For fund of fund investments, it seeks to invest in private equity funds, venture capital funds, and hedge funds.

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