Westaim (CVE:WED) Shares Cross Below 50-Day Moving Average – Time to Sell?

The Westaim Co. (CVE:WEDGet Free Report)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$23.88 and traded as low as C$23.75. Westaim shares last traded at C$24.00, with a volume of 7,324 shares traded.

Westaim Price Performance

The company has a current ratio of 7.06, a quick ratio of 27.60 and a debt-to-equity ratio of 1.25. The company has a market capitalization of C$796.49 million, a PE ratio of -12.57 and a beta of -0.34. The stock’s 50-day moving average is C$23.88 and its two-hundred day moving average is C$24.37.

Westaim Company Profile

(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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