Westaim (OTCMKTS:WEDXF) Sees Strong Trading Volume – Still a Buy?

Shares of Westaim Corp. (OTCMKTS:WEDXFGet Free Report) saw unusually-high trading volume on Wednesday . Approximately 10,900 shares were traded during mid-day trading, an increase of 33% from the previous session’s volume of 8,172 shares.The stock last traded at $16.97 and had previously closed at $17.25.

Westaim Stock Up 0.5%

The business has a 50 day moving average price of $18.07 and a 200 day moving average price of $18.70. The stock has a market cap of $574.50 million, a P/E ratio of -10.18 and a beta of 0.20.

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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