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Westaim (CVE:WED) Share Price Passes Above 50-Day Moving Average - Should You Sell?

Westaim logo with Financial Services background

The Westaim Co. (CVE:WED - Get Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$31.14 and traded as high as C$32.50. Westaim shares last traded at C$32.13, with a volume of 22,851 shares trading hands.

Westaim Price Performance

The stock has a fifty day moving average price of C$31.20 and a two-hundred day moving average price of C$23.25. The company has a market cap of C$469.67 million, a P/E ratio of 71.92 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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