The Westaim Co. (CVE:WED - Get Free Report)'s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$28.36 and traded as high as C$32.05. Westaim shares last traded at C$32.00, with a volume of 21,341 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Cormark raised their price target on shares of Westaim from C$6.00 to C$7.75 in a report on Wednesday, December 11th.
Read Our Latest Stock Report on WED
Westaim Stock Performance
The firm has a market capitalization of C$469.08 million, a P/E ratio of 71.83 and a beta of 0.39. The business's fifty day moving average price is C$29.43 and its two-hundred day moving average price is C$13.27.
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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