Westaim (CVE:WED) Stock Price Passes Below 50 Day Moving Average – Here’s What Happened

Shares of The Westaim Co. (CVE:WEDGet Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$30.93 and traded as low as C$29.82. Westaim shares last traded at C$29.97, with a volume of 7,134 shares.

Analyst Upgrades and Downgrades

Separately, Cormark increased their price target on Westaim from C$6.00 to C$7.75 in a research note on Wednesday, December 11th.

Get Our Latest Stock Report on WED

Westaim Price Performance

The stock has a market cap of C$449.13 million, a PE ratio of 68.78 and a beta of 0.39. The stock has a 50-day moving average price of C$30.92 and a two-hundred day moving average price of C$14.12.

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.

Featured Articles

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.