Westaim (OTCMKTS:WEDXF) Trading Down 0.3% - Should You Sell?

The Westaim Co. (OTCMKTS:WEDXF - Get Free Report)'s stock price fell 0.3% during mid-day trading on Thursday . The company traded as low as $23.03 and last traded at $23.03. 200 shares changed hands during trading, a decline of 97% from the average session volume of 7,759 shares. The stock had previously closed at $23.10.

Westaim Stock Up 2.0%

The stock has a market capitalization of $502.01 million, a P/E ratio of 13.51 and a beta of 0.24. The firm has a fifty day moving average price of $22.36 and a two-hundred day moving average price of $17.45.

Westaim (OTCMKTS:WEDXF - Get Free Report) last posted its earnings results on Wednesday, May 14th. The company reported ($0.34) EPS for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.31). The business had revenue of ($4.70) million during the quarter, compared to the consensus estimate of $1.34 million. Westaim had a return on equity of 7.76% and a net margin of 284.74%.

Westaim Company Profile

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.