Westaim (CVE:WED) Reaches New 12-Month High – Here’s Why

The Westaim Co. (CVE:WEDGet Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$5.11 and last traded at C$5.11, with a volume of 1072833 shares changing hands. The stock had previously closed at C$4.95.

Westaim Stock Performance

The firm has a market capitalization of C$654.95 million, a price-to-earnings ratio of 7.62 and a beta of 0.39. The company has a current ratio of 11.67, a quick ratio of 27.60 and a debt-to-equity ratio of 0.01. The stock’s 50-day moving average is C$4.65 and its 200-day moving average is C$4.24.

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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