KWESST Micro Systems Inc. (NASDAQ: KWE)’s stock price has gone decline by -11.70 in comparison to its previous close of 0.14, however, the company has experienced a -17.22% decrease in its stock price over the last five trading days. newsfilecorp.com reported 2024-10-21 that Ottawa, Ontario–(Newsfile Corp. – October 21, 2024) – KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (TSXV: KWE.WT.U) (“KWESST” or the “Company”) announces that, further to the Company’s press release on October 10, 2024, the Company has received approval of the TSX Venture Exchange (the “TSX-V”) for the consolidation of the Company’s issued and outstanding common shares (each, a “Share”) on the basis of ten (10) pre-consolidation Shares for each one (1) post-consolidation Share (the “Consolidation”). The Consolidation was effected pursuant to a resolution of the board of directors of the Company dated October 9, 2024.
Is It Worth Investing in KWESST Micro Systems Inc. (NASDAQ: KWE) Right Now?
Moreover, the 36-month beta value for KWE is 1.59. 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.”
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The public float for KWE is 15.48M and currently, short sellers hold a 1.56% of that float. On October 23, 2024, KWE’s average trading volume was 644.58K shares.
KWE’s Market Performance
KWE’s stock has seen a -17.22% decrease for the week, with a -23.10% drop in the past month and a -64.72% fall in the past quarter. The volatility ratio for the week is 11.76%, and the volatility levels for the past 30 days are at 9.24% for KWESST Micro Systems Inc. The simple moving average for the past 20 days is -21.70% for KWE’s stock, with a -81.54% simple moving average for the past 200 days.
KWE Trading at -20.23% 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 -92.87% of loss for the given period.
Volatility was left at 9.24%, however, over the last 30 days, the volatility rate increased by 11.76%, as shares sank -22.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.24% lower at present.
During the last 5 trading sessions, KWE fell by -17.22%, which changed the moving average for the period of 200-days by -90.61% in comparison to the 20-day moving average, which settled at $0.1525. In addition, KWESST Micro Systems Inc. saw -86.76% 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:
- -7.86 for the present operating margin
- -0.55 for the gross margin
The net margin for KWESST Micro Systems Inc. stands at -4.85. The total capital return value is set at -2.76. Equity return is now at value -220.98, with -84.15 for asset returns.
Based on KWESST Micro Systems Inc. (KWE), the company’s capital structure generated 0.1 points at debt to capital in total, while cash flow to debt ratio is standing at -28.08. The debt to equity ratio resting at 0.11. The interest coverage ratio of the stock is -48.6.
Currently, EBITDA for the company is -13.08 million with net debt to EBITDA at 0.07. When we switch over and look at the enterprise to sales, we see a ratio of 1.14. The receivables turnover for the company is 3.86for trailing twelve months and the total asset turnover is 0.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.13.
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.
