and a 36-month beta value of 0.95. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The average price predicted for Wireless Telecom Group Inc. (WTT) by analysts is $2.25, which is $0.19 above the current market price. The public float for WTT is 19.93M, and at present, short sellers hold a 0.15% of that float. On May 25, 2023, the average trading volume of WTT was 16.08K shares.
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WTT) stock’s latest price update
Wireless Telecom Group Inc. (AMEX: WTT)’s stock price has surge by 29.56relation to previous closing price of 1.59. Nevertheless, the company has seen a 24.85% surge in its stock price over the last five trading sessions.
WTT’s Market Performance
Wireless Telecom Group Inc. (WTT) has seen a 24.85% rise in stock performance for the week, with a 15.73% gain in the past month and a 9.57% surge in the past quarter. The volatility ratio for the week is 3.85%, and the volatility levels for the past 30 days are at 2.85% for WTT. The simple moving average for the past 20 days is 20.36% for WTT’s stock, with a 23.86% simple moving average for the past 200 days.
WTT Trading at 16.47% from the 50-Day Moving Average
After a stumble in the market that brought WTT to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 3.00% of gains for the given period.
Volatility was left at 2.85%, however, over the last 30 days, the volatility rate increased by 3.85%, as shares surge +15.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.22% upper at present.
During the last 5 trading sessions, WTT rose by +25.38%, which changed the moving average for the period of 200-days by +42.68% in comparison to the 20-day moving average, which settled at $1.7254. In addition, Wireless Telecom Group Inc. saw 15.08% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for WTT
Current profitability levels for the company are sitting at:
- -11.81 for the present operating margin
- +57.37 for the gross margin
The net margin for Wireless Telecom Group Inc. stands at -10.99.
The liquidity ratio also appears to be rather interesting for investors as it stands at 9.09.
Conclusion
To sum up, Wireless Telecom Group Inc. (WTT) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
