The Westaim Co. (CVE:WED – Get Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$30.93 and traded as low as C$29.82. Westaim shares last traded at C$29.97, with a volume of 7,134 shares trading hands.
Wall Street Analyst Weigh In
Separately, Cormark increased their price target on Westaim from C$6.00 to C$7.75 in a report on Wednesday, December 11th.
Check Out Our Latest Research Report on WED
Westaim Stock Performance
Westaim Company Profile
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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