Westaim (CVE:WED) Share Price Passes Below 50 Day Moving Average of $3.63

The Westaim Co. (CVE:WEDGet Free Report) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$3.63 and traded as low as C$3.55. Westaim shares last traded at C$3.56, with a volume of 35,010 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Cormark lifted their price objective on shares of Westaim from C$5.00 to C$5.20 in a research note on Friday, November 17th.

Read Our Latest Stock Analysis on WED

Westaim Price Performance

The company has a debt-to-equity ratio of 0.03, a current ratio of 31.65 and a quick ratio of 27.60. The firm has a market cap of C$499.33 million, a price-to-earnings ratio of 2.08 and a beta of 0.39. The business’s 50-day moving average price is C$3.62 and its two-hundred day moving average price is C$3.66.

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.

Featured Articles

Receive News & Ratings for Westaim Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Westaim and related companies with MarketBeat.com's FREE daily email newsletter.