Westaim (CVE:WED) Shares Cross Below 50 Day Moving Average – Should You Sell?

The Westaim Co. (CVE:WEDGet Free Report) shares crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$23.00 and traded as low as C$22.12. Westaim shares last traded at C$22.12, with a volume of 6,400 shares traded.

Westaim Price Performance

The company has a quick ratio of 27.60, a current ratio of 7.06 and a debt-to-equity ratio of 1.25. The business’s 50-day simple moving average is C$23.00 and its 200 day simple moving average is C$23.95. The firm has a market capitalization of C$734.10 million, a P/E ratio of -11.58 and a beta of -0.18.

Westaim Company Profile

(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. For fund of fund investments, it seeks to invest in private equity funds, venture capital funds, and hedge funds.

Recommended Stories

Receive News & Ratings for Westaim Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Westaim and related companies with MarketBeat.com's FREE daily email newsletter.