Westaim (OTCMKTS:WEDXF) Posts Earnings Results

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

Westaim Stock Up 0.2 %

Shares of WEDXF traded up $0.05 on Wednesday, reaching $21.75. The stock had a trading volume of 1,509 shares, compared to its average volume of 9,077. Westaim has a twelve month low of $15.30 and a twelve month high of $25.98. The firm has a market capitalization of $464.62 million, a PE ratio of 12.50 and a beta of 0.39. The firm has a 50-day moving average of $21.72 and a 200 day moving average of $10.82.

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.