Shares of The Westaim Co. (CVE:WED – Get Free Report) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$31.37 and traded as low as C$30.95. Westaim shares last traded at C$31.51, with a volume of 6,609 shares traded.
Analyst Ratings Changes
Separately, Cormark increased their price objective on Westaim from C$6.00 to C$7.75 in a research report on Wednesday, December 11th.
Westaim Trading Down 0.8 %
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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