Westaim (OTCMKTS:WEDXF) Trading 2.7% Higher

Westaim Corp (OTCMKTS:WEDXF) shares traded up 2.7% during trading on Friday . The company traded as high as $1.93 and last traded at $1.93, 800 shares were traded during mid-day trading. A decline of 83% from the average session volume of 4,793 shares. The stock had previously closed at $1.88.

The company has a debt-to-equity ratio of 0.11, a current ratio of 1.67 and a quick ratio of 1.67. The stock has a 50 day simple moving average of $1.94 and a 200-day simple moving average of $2.02. The firm has a market cap of $269.81 million, a PE ratio of 9.91 and a beta of 0.69.

Westaim (OTCMKTS:WEDXF) last released its quarterly earnings results on Wednesday, August 7th. The company reported $0.05 earnings per share for the quarter. The company had revenue of $1.22 million for the quarter. Westaim had a return on equity of 8.27% and a net margin of 595.03%.

Westaim Company Profile (OTCMKTS:WEDXF)

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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