The stock has a 36-month beta value of 1.64. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for KWE is 3.70M, and at present, short sellers hold a 2.16% of that float. On June 28, 2024, the average trading volume of KWE was 6.52M shares.
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KWE) stock’s latest price update
KWESST Micro Systems Inc. (NASDAQ: KWE)’s stock price has plunge by -0.13relation to previous closing price of 0.46. Nevertheless, the company has seen a 6.21% surge in its stock price over the last five trading sessions. newsfilecorp.com reported 2024-06-12 that Ottawa, Ontario–(Newsfile Corp. – June 12, 2024) – KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (TSXV: KWE.WT.U) (“KWESST” or the “Company”), today announced the pricing of its best efforts public offering of 2,900,000 common shares at a public offering price of US$0.58 per share, for gross proceeds of approximately US$1,682,000, before deducting placement agent fees and offering expenses. All of the common shares are being offered by the Company.
KWE’s Market Performance
KWESST Micro Systems Inc. (KWE) has seen a 6.21% rise in stock performance for the week, with a 22.55% gain in the past month and a -63.04% plunge in the past quarter. The volatility ratio for the week is 12.53%, and the volatility levels for the past 30 days are at 21.69% for KWE. The simple moving average for the past 20 days is -10.34% for KWE’s stock, with a -56.97% simple moving average for the past 200 days.
KWE Trading at -19.85% from the 50-Day Moving Average
After a stumble in the market that brought KWE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -86.00% of loss for the given period.
Volatility was left at 21.69%, however, over the last 30 days, the volatility rate increased by 12.53%, as shares surge +23.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -32.40% lower at present.
During the last 5 trading sessions, KWE rose by +8.00%, which changed the moving average for the period of 200-days by -72.84% in comparison to the 20-day moving average, which settled at $0.5198. In addition, KWESST Micro Systems Inc. saw -48.67% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for KWE
Current profitability levels for the company are sitting at:
- -9.45 for the present operating margin
- -0.39 for the gross margin
The net margin for KWESST Micro Systems Inc. stands at -7.16. The total capital return value is set at -5.97. Equity return is now at value -254.83, with -101.98 for asset returns.
Based on KWESST Micro Systems Inc. (KWE), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at -26.88. The debt to equity ratio resting at 0.52. The interest coverage ratio of the stock is -54.99.
Currently, EBITDA for the company is -13.08 million with net debt to EBITDA at -0.01. When we switch over and look at the enterprise to sales, we see a ratio of 1.97. The receivables turnover for the company is 2.44for trailing twelve months and the total asset turnover is 0.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.49.
Conclusion
To sum up, KWESST Micro Systems Inc. (KWE) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
