Westaim (CVE:WED) Stock Price Passes Below Fifty Day Moving Average – Should You Sell?

The Westaim Co. (CVE:WEDGet Free Report)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$24.79 and traded as low as C$24.43. Westaim shares last traded at C$25.06, with a volume of 11,244 shares trading hands.

Westaim Stock Performance

The stock has a market cap of C$831.54 million, a price-to-earnings ratio of -15.28 and a beta of -0.13. The business has a 50-day simple moving average of C$24.79 and a two-hundred day simple moving average of C$27.17.

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.

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