Westaim (CVE:WED) Sets New 1-Year High – Still a Buy?

Shares of The Westaim Co. (CVE:WEDGet Free Report) hit a new 52-week high on Wednesday . The stock traded as high as C$5.25 and last traded at C$5.25, with a volume of 44748 shares trading hands. The stock had previously closed at C$5.24.

Westaim Stock Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 11.67 and a quick ratio of 27.60. The stock has a market cap of C$672.89 million, a price-to-earnings ratio of 8.06 and a beta of 0.39. The stock’s 50-day moving average is C$4.82 and its 200 day moving average is C$4.29.

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.

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