Westaim (OTCMKTS:WEDXF) Announces Quarterly Earnings Results

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

Westaim Price Performance

OTCMKTS WEDXF opened at $21.75 on Thursday. The firm has a market capitalization of $464.62 million, a price-to-earnings ratio of 12.50 and a beta of 0.39. The company has a 50 day simple moving average of $21.75 and a 200-day simple moving average of $10.89. Westaim has a 52-week low of $15.30 and a 52-week high of $25.98.

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.