Westaim (CVE:WED) Reaches New 52-Week Low – Here’s Why

The Westaim Co. (CVE:WEDGet Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$18.83 and last traded at C$18.88, with a volume of 4389 shares trading hands. The stock had previously closed at C$18.88.

Westaim Price Performance

The company has a debt-to-equity ratio of 1.38, a current ratio of 5.44 and a quick ratio of 27.60. The company’s 50 day moving average is C$20.99 and its 200 day moving average is C$22.66. The stock has a market cap of C$641.30 million, a price-to-earnings ratio of -4.36 and a beta of -0.28.

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. For fund of fund investments, it seeks to invest in private equity funds, venture capital funds, and hedge funds.

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