Westaim (OTCMKTS:WEDXF) Sets New 12-Month Low – Time to Sell?

Westaim Corp. (OTCMKTS:WEDXFGet Free Report)’s share price reached a new 52-week low during trading on Tuesday . The company traded as low as $15.88 and last traded at $15.88, with a volume of 2716 shares. The stock had previously closed at $16.39.

Westaim Stock Performance

The stock has a fifty day simple moving average of $18.62 and a 200 day simple moving average of $20.84. The firm has a market cap of $528.78 million, a P/E ratio of -11.26 and a beta of 0.20.

Westaim (OTCMKTS:WEDXFGet Free Report) last released its quarterly earnings data on Thursday, November 13th. The company reported ($0.35) EPS for the quarter, missing the consensus estimate of ($0.16) by ($0.19). Westaim had a negative net margin of 118.02% and a negative return on equity of 5.51%. The business had revenue of $14.00 million for the quarter, compared to analysts’ expectations of $1.62 million.

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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