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Westaim (CVE:WED) Shares Cross Below Two Hundred Day Moving Average - Here's Why

Westaim logo with Financial Services background

Key Points

  • Westaim's stock (CVE:WED) fell below its 200-day moving average of C$31.13, trading at C$28.48 on Wednesday.
  • The company has a market capitalization of C$420.77 million and a PE ratio of 64.44.
  • Westaim specializes in private equity investments, including acquisitions and various investment strategies.
  • Interested in Westaim? Here are five stocks we like better.

The Westaim Co. (CVE:WED - Get Free Report)'s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$31.13 and traded as low as C$28.48. Westaim shares last traded at C$28.48, with a volume of 8,681 shares traded.

Westaim Trading Up 0.1%

The firm has a market capitalization of C$421.51 million, a price-to-earnings ratio of 64.55 and a beta of 0.39. The stock's 50 day moving average price is C$30.13 and its two-hundred day moving average price is C$31.07.

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.

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