Westaim (CVE:WED) Shares Cross Below 50-Day Moving Average – Time to Sell?

The Westaim Co. (CVE:WEDGet Free Report)’s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$22.67 and traded as low as C$22.15. Westaim shares last traded at C$22.30, with a volume of 11,189 shares traded.

Westaim Stock Down 0.9%

The company has a current ratio of 7.06, a quick ratio of 27.60 and a debt-to-equity ratio of 1.25. The business’s 50-day simple moving average is C$22.67 and its 200-day simple moving average is C$23.64. The company has a market capitalization of C$740.07 million, a PE ratio of -11.68 and a beta of -0.18.

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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