Shares of The Westaim Co. (CVE:WED – Get Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$31.48 and traded as low as C$29.31. Westaim shares last traded at C$29.92, with a volume of 20,981 shares trading hands.
Wall Street Analyst Weigh In
Separately, Cormark boosted their target price on shares of Westaim from C$6.00 to C$7.75 in a report on Wednesday, December 11th.
Get Our Latest Analysis on WED
Westaim Stock Performance
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.
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