Westaim (OTCMKTS:WEDXF) Sees Unusually-High Trading Volume – Here’s Why

Westaim Corp. (OTCMKTS:WEDXFGet Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 27,436 shares were traded during mid-day trading, an increase of 198% from the previous session’s volume of 9,208 shares.The stock last traded at $17.99 and had previously closed at $17.65.

Westaim Trading Up 1.9%

The stock has a market cap of $600.51 million, a PE ratio of -10.64 and a beta of 0.19. The company’s 50 day moving average is $18.45 and its 200-day moving average is $18.98.

Westaim Company Profile

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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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