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Westaim (CVE:WED) Shares Cross Below 50-Day Moving Average - What's Next?

Westaim logo with Financial Services background

Shares of The Westaim Co. (CVE:WED - Get Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$31.12 and traded as low as C$30.84. Westaim shares last traded at C$30.84, with a volume of 10,234 shares changing hands.

Westaim Trading Up 1.7 %

The stock's 50 day moving average price is C$31.02 and its two-hundred day moving average price is C$20.06. The firm has a market capitalization of C$463.17 million, a PE ratio of 70.93 and a beta of 0.39.

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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