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

Westaim logo with Basic Materials background

The Westaim Co. (OTCMKTS:WEDXF - Get Free Report)'s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $20.60 and last traded at $20.60, with a volume of 2321 shares trading hands. The stock had previously closed at $21.86.

Westaim Price Performance

The company has a market cap of $451.76 million, a P/E ratio of 12.16 and a beta of 0.43. The stock has a fifty day moving average price of $11.38 and a two-hundred day moving average price of $6.04.

Westaim (OTCMKTS:WEDXF - Get Free Report) last announced its quarterly earnings results on Tuesday, November 12th. The company reported ($0.01) earnings per share (EPS) for the quarter. The business had revenue of $6.59 million for the quarter. Westaim had a return on equity of 7.76% and a net margin of 284.74%.

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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