Westaim (CVE:WED) Sets New 12-Month Low – What’s Next?

Shares of The Westaim Co. (CVE:WEDGet Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as C$20.45 and last traded at C$22.49, with a volume of 841 shares traded. The stock had previously closed at C$22.49.

Westaim Price Performance

The company has a quick ratio of 27.60, a current ratio of 7.06 and a debt-to-equity ratio of 1.25. The stock has a market cap of C$746.38 million, a P/E ratio of -11.77 and a beta of -0.17. The company’s 50 day moving average price is C$23.26 and its two-hundred day moving average price is C$24.26.

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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