Moreover, the 36-month beta value for KWE is 1.62. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for KWE is 10.28M and currently, short sellers hold a 1.15% of that float. On August 12, 2024, KWE’s average trading volume was 6.73M shares.
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KWE) stock’s latest price update
The stock price of KWESST Micro Systems Inc. (NASDAQ: KWE) has plunged by -36.61 when compared to previous closing price of 0.24, but the company has seen a -37.65% decline in its stock price over the last five trading sessions. newsfilecorp.com reported 2024-08-12 that Ottawa, Ontario–(Newsfile Corp. – August 12, 2024) – KWESST Micro Systems Inc. (NASDAQ: KWE) (TSXV: KWE) (TSXV: KWE.WT.U) (“KWESST” or the “Company”), today announced that it has entered into definitive agreements for the purchase and sale of 4,715,000 common shares at a purchase price of US$0.20 per common share in a registered direct offering. In a concurrent private placement, the Company will issue unregistered warrants to purchase up to 4,715,000 common shares at an exercise price of US$0.25 per share that will be immediately exercisable upon issuance and will expire five years following the date of issuance.
KWE’s Market Performance
KWESST Micro Systems Inc. (KWE) has seen a -37.65% fall in stock performance for the week, with a -53.24% decline in the past month and a -80.36% plunge in the past quarter. The volatility ratio for the week is 12.42%, and the volatility levels for the past 30 days are at 15.43% for KWE. The simple moving average for the last 20 days is -51.60% for KWE stock, with a simple moving average of -82.35% for the last 200 days.
KWE Trading at -62.01% 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 -92.39% of loss for the given period.
Volatility was left at 15.43%, however, over the last 30 days, the volatility rate increased by 12.42%, as shares sank -51.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -56.89% lower at present.
During the last 5 trading sessions, KWE fell by -34.34%, which changed the moving average for the period of 200-days by -88.57% in comparison to the 20-day moving average, which settled at $0.3119. In addition, KWESST Micro Systems Inc. saw -82.75% 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 1.74. 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 wrap up, the performance of KWESST Micro Systems Inc. (KWE) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
