The Westaim Co. (CVE:WED - Get Free Report) shares hit a new 52-week high on Thursday . The stock traded as high as C$31.55 and last traded at C$31.55, with a volume of 10428 shares. The stock had previously closed at C$31.00.
Analyst Ratings Changes
Separately, Cormark upped their target price on shares of Westaim from C$6.00 to C$7.75 in a research report on Wednesday, December 11th.
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Westaim Stock Up 0.6 %
The company has a debt-to-equity ratio of 0.01, a current ratio of 11.67 and a quick ratio of 27.60. The firm's 50-day simple moving average is C$18.47 and its two-hundred day simple moving average is C$9.32. The company has a market capitalization of C$4.24 billion, a price-to-earnings ratio of 50.92 and a beta of 0.39.
Westaim (CVE:WED - Get Free Report) last released its quarterly earnings results on Tuesday, November 12th. The company reported C($0.01) EPS for the quarter. Westaim had a net margin of 61.76% and a return on equity of 13.13%. Sell-side analysts predict that The Westaim Co. will post 0.093067 EPS for the current fiscal year.
About Westaim
(
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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.
Further Reading
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