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Westaim (OTCMKTS:WEDXF) Sets New 1-Year High - Here's Why

Westaim logo with Basic Materials background

The Westaim Co. (OTCMKTS:WEDXF - Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as $23.99 and last traded at $23.99, with a volume of 3471 shares trading hands. The stock had previously closed at $22.95.

Westaim Price Performance

The company has a market capitalization of $512.64 million, a price-to-earnings ratio of 13.80 and a beta of 0.43. The business's 50 day simple moving average is $14.88 and its 200 day simple moving average is $7.31.

About Westaim

(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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