Westaim (CVE:WED) Sets New 52-Week Low – What’s Next?

The Westaim Co. (CVE:WEDGet Free Report)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as C$21.38 and last traded at C$21.38, with a volume of 13726 shares changing hands. The stock had previously closed at C$22.00.

Westaim Stock Performance

The stock has a market cap of C$715.84 million, a PE ratio of -11.29 and a beta of -0.17. The firm’s 50-day moving average is C$23.47 and its 200 day moving average is C$24.37. The company has a debt-to-equity ratio of 1.25, a quick ratio of 27.60 and a current ratio of 7.06.

About Westaim

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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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