Westaim (CVE:WED) Reaches New 1-Year High – Should You Buy?

The Westaim Co. (CVE:WEDGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$5.25 and last traded at C$5.25, with a volume of 44748 shares trading hands. The stock had previously closed at C$5.24.

Westaim Stock Up 0.2 %

The firm has a 50 day moving average price of C$4.82 and a 200-day moving average price of C$4.29. 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 firm has a market cap of C$672.89 million, a PE ratio of 8.06 and a beta of 0.39.

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.

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