The Westaim Co. (CVE:WED - Get Free Report)'s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$31.37 and traded as low as C$30.95. Westaim shares last traded at C$31.51, with a volume of 6,609 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Cormark increased their price target on shares of Westaim from C$6.00 to C$7.75 in a research note on Wednesday, December 11th.
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Westaim Price Performance
The stock has a market cap of C$417.96 million, a PE ratio of 64.01 and a beta of 0.39. The stock has a 50-day simple moving average of C$31.45 and a 200-day simple moving average of C$17.05.
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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