Westaim (CVE:WED) Hits New 1-Year Low – Should You Sell?

The Westaim Co. (CVE:WEDGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$23.85 and last traded at C$23.58, with a volume of 862 shares. The stock had previously closed at C$23.49.

Westaim Trading Up 0.5%

The stock’s 50-day moving average is C$27.41 and its 200-day moving average is C$29.60. The stock has a market cap of C$791.83 million, a price-to-earnings ratio of -17.88 and a beta of -0.11.

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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