Westaim (OTCMKTS:WEDXF – Get Free Report) posted its quarterly earnings results on Thursday. The company reported ($0.56) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by ($0.42), Zacks reports. The firm had revenue of $20.80 million for the quarter, compared to analyst estimates of $1.78 million. Westaim had a negative return on equity of 6.15% and a negative net margin of 77.37%.
Westaim Price Performance
OTCMKTS WEDXF opened at $17.75 on Friday. The business has a fifty day moving average price of $17.87 and a two-hundred day moving average price of $18.38. The stock has a market capitalization of $592.50 million, a PE ratio of -14.09 and a beta of 0.20. Westaim has a fifty-two week low of $15.50 and a fifty-two week high of $24.01.
About Westaim
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.
Further Reading
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