Westaim (OTCMKTS:WEDXF) Posts Quarterly Earnings Results

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

Westaim Stock Up 0.2 %

Shares of WEDXF traded up $0.05 on Wednesday, hitting $21.75. 1,509 shares of the stock traded hands, compared to its average volume of 9,077. The firm has a market capitalization of $464.62 million, a P/E ratio of 12.50 and a beta of 0.39. Westaim has a 1 year low of $15.30 and a 1 year high of $25.98. The stock’s 50 day moving average is $21.72 and its two-hundred day moving average is $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.