Westaim (OTCMKTS:WEDXF) Sees Strong Trading Volume – Still a Buy?

Shares of Westaim Corp. (OTCMKTS:WEDXFGet Free Report) saw strong trading volume on Monday . 4,860 shares changed hands during trading, a decline of 23% from the previous session’s volume of 6,344 shares.The stock last traded at $18.47 and had previously closed at $18.8650.

Westaim Stock Performance

The stock has a market cap of $623.06 million, a P/E ratio of -10.99 and a beta of 0.22. The firm has a 50-day moving average price of $17.99 and a 200-day moving average price of $20.44.

Westaim (OTCMKTS:WEDXFGet Free Report) last posted 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 return on equity of 7.27% and a negative net margin of 123.33%.The business had revenue of $14.00 million for the quarter, compared to the consensus estimate of $1.62 million.

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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