Shares of The Westaim Co. (CVE:WED – Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$28.36 and traded as high as C$32.05. Westaim shares last traded at C$32.00, with a volume of 21,341 shares.
Analyst Upgrades and Downgrades
Separately, Cormark upped their price target on Westaim from C$6.00 to C$7.75 in a report on Wednesday, December 11th.
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Westaim Stock Up 1.7 %
About Westaim
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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