Westaim (OTCMKTS:WEDXF) Shares Down 0.3% - Time to Sell?

Shares of The Westaim Co. (OTCMKTS:WEDXF - Get Free Report) dropped 0.3% during trading on Thursday . The stock traded as low as $23.03 and last traded at $23.03. Approximately 200 shares traded hands during trading, a decline of 97% from the average daily volume of 7,759 shares. The stock had previously closed at $23.10.

Westaim Stock Down 2.0%

The stock's 50 day moving average price is $22.39 and its two-hundred day moving average price is $17.59. The firm has a market capitalization of $492.18 million, a price-to-earnings ratio of 13.24 and a beta of 0.24.

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

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.