Westaim (OTCMKTS:WEDXF) Releases Quarterly Earnings Results

Westaim (OTCMKTS:WEDXF) released its earnings results on Wednesday. The company reported ($0.99) earnings per share (EPS) for the quarter, Zacks reports. Westaim had a net margin of 284.74% and a return on equity of 7.76%.

Westaim Stock Performance

WEDXF traded down $0.37 during trading on Wednesday, hitting $21.70. The stock had a trading volume of 2,443 shares, compared to its average volume of 9,234. The firm has a market capitalization of $463.56 million, a P/E ratio of 12.47 and a beta of 0.39. The company’s 50-day moving average price is $21.72 and its 200 day moving average price is $10.82. Westaim has a twelve month low of $15.30 and a twelve month high of $25.98.

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.