Westaim (OTCMKTS:WEDXF) Shares Gap Down – Here’s What Happened

Westaim Corp. (OTCMKTS:WEDXFGet Free Report)’s share price gapped down prior to trading on Monday . The stock had previously closed at $18.25, but opened at $17.38. Westaim shares last traded at $17.38, with a volume of 800 shares trading hands.

Westaim Stock Performance

The company has a market cap of $586.91 million, a PE ratio of -10.40 and a beta of 0.20. The company’s 50-day simple moving average is $17.94 and its 200 day simple moving average is $18.53.

About Westaim

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Westaim Corp. (OTCMKTS: WEDXF) is a Toronto-based investment firm focused on creating value through specialized credit, real estate and private equity strategies. The company operates as a capital allocator, partnering with experienced managers to deploy capital across a range of alternative asset classes. Westaim’s platform is designed to generate attractive risk-adjusted returns while maintaining a flexible mandate that can adapt to changing market conditions.

Through its private equity activities, Westaim invests alongside established sponsors in opportunities spanning leveraged buyouts, growth equity and carve-out transactions.

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