Westaim (OTCMKTS:WEDXF) Sets New 1-Year High – Time to Buy?

The Westaim Co. (OTCMKTS:WEDXFGet Free Report)’s stock price hit a new 52-week high on Friday . The company traded as high as $20.60 and last traded at $20.60, with a volume of 2321 shares changing hands. The stock had previously closed at $21.86.

Westaim Price Performance

The company has a market capitalization of $2.64 billion, a price-to-earnings ratio of 71.04 and a beta of 0.45. The stock has a 50 day moving average price of $10.35 and a two-hundred day moving average price of $5.62.

Westaim (OTCMKTS:WEDXFGet Free Report) last announced its earnings results on Tuesday, November 12th. The company reported ($0.01) earnings per share for the quarter. Westaim had a net margin of 284.74% and a return on equity of 7.76%. The business had revenue of $6.59 million during the quarter.

About Westaim

(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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