The Westaim Co. (CVE:WED - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$31.00 and last traded at C$30.98, with a volume of 848 shares traded. The stock had previously closed at C$5.17.
Wall Street Analyst Weigh In
Separately, Cormark increased their price objective on Westaim from C$6.00 to C$7.75 in a research report on Wednesday, December 11th.
Read Our Latest Research Report on Westaim
Westaim Stock Performance
The stock has a market capitalization of C$3.99 billion, a price-to-earnings ratio of 47.92 and a beta of 0.39. 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 stock has a 50-day moving average of C$5.03 and a 200 day moving average of C$4.41.
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.
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