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Westaim (CVE:WED) Shares Pass Below 50-Day Moving Average - Here's What Happened

Westaim logo with Financial Services background

The Westaim Co. (CVE:WED - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$31.12 and traded as low as C$30.84. Westaim shares last traded at C$30.84, with a volume of 10,234 shares.

Westaim Price Performance

The company has a fifty day simple moving average of C$31.00 and a 200-day simple moving average of C$20.51. The company has a market cap of C$458.59 million, a P/E ratio of 70.23 and a beta of 0.39.

Westaim Company Profile

(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.

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