Westaim (OTCMKTS:WEDXF) Sees Unusually-High Trading Volume – What’s Next?

Shares of Westaim Corp. (OTCMKTS:WEDXFGet Free Report) saw an uptick in trading volume on Wednesday . 27,436 shares changed hands during 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 company has a fifty day moving average of $18.45 and a two-hundred day moving average of $18.98. The stock has a market capitalization of $600.51 million, a price-to-earnings ratio of -10.64 and a beta of 0.19.

About Westaim

(Get Free Report)

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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