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

Westaim logo with Financial Services background

Shares of The Westaim Co. (CVE:WED - Get Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$31.32 and traded as low as C$31.30. Westaim shares last traded at C$31.30, with a volume of 2,266 shares trading hands.

Westaim Stock Performance

The firm has a market cap of C$466.72 million, a P/E ratio of 71.47 and a beta of 0.39. The stock's 50 day simple moving average is C$31.31 and its 200 day simple moving average is C$25.87.

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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