The Westaim Co. (CVE:WED - Get Free Report)'s share price passed 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.
Analyst Upgrades and Downgrades
Separately, Cormark raised their target price on shares of Westaim from C$6.00 to C$7.75 in a report on Wednesday, December 11th.
Check Out Our Latest Research Report on WED
Westaim Price Performance
The company has a market cap of C$465.39 million, a price-to-earnings ratio of 71.27 and a beta of 0.39. The firm's fifty day moving average price is C$31.41 and its 200-day moving average price is C$16.59.
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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