Company’s 36-month beta value is 1.63.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for WYY is 7.64M, and currently, short sellers hold a 0.67% ratio of that floaft. The average trading volume of WYY on November 19, 2024 was 58.96K shares.
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WYY) stock’s latest price update
Widepoint Corp (AMEX: WYY) has seen a rise in its stock price by 14.02 in relation to its previous close of 3.71. However, the company has experienced a 3.17% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-13 that WidePoint Corporation (NYSE:WYY ) Q3 2024 Earnings Conference Call November 13, 2024 4:30 PM ET Company Participants Jin Kang – President and CEO Jason Holloway – Chief Revenue Officer Robert George – CFO Conference Call Participants Barry Sine – Litchfield Hills Research Scott Buck – H.C. Wainwright Operator Good afternoon and welcome to WidePoint’s Third Quarter 2024 Earnings Conference Call.
WYY’s Market Performance
WYY’s stock has risen by 3.17% in the past week, with a monthly rise of 14.32% and a quarterly rise of 17.50%. The volatility ratio for the week is 7.80% while the volatility levels for the last 30 days are 6.11% for Widepoint Corp The simple moving average for the last 20 days is 12.07% for WYY stock, with a simple moving average of 34.12% for the last 200 days.
WYY Trading at 17.67% from the 50-Day Moving Average
After a stumble in the market that brought WYY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.03% of loss for the given period.
Volatility was left at 6.11%, however, over the last 30 days, the volatility rate increased by 7.80%, as shares surge +17.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.90% upper at present.
During the last 5 trading sessions, WYY rose by +3.17%, which changed the moving average for the period of 200-days by +41.95% in comparison to the 20-day moving average, which settled at $3.77. In addition, Widepoint Corp saw 82.33% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WYY starting from Dzyak Todd, who sale 1,000 shares at the price of $3.60 back on Oct 01 ’24. After this action, Dzyak Todd now owns 164,116 shares of Widepoint Corp, valued at $3,600 using the latest closing price.
Dzyak Todd, the COO of Widepoint Corp, sale 1,000 shares at $3.40 during a trade that took place back on Sep 27 ’24, which means that Dzyak Todd is holding 165,116 shares at $3,400 based on the most recent closing price.
Stock Fundamentals for WYY
Current profitability levels for the company are sitting at:
- -0.02 for the present operating margin
- 0.13 for the gross margin
The net margin for Widepoint Corp stands at -0.02. The total capital return value is set at -0.14. Equity return is now at value -19.79, with -5.53 for asset returns.
Based on Widepoint Corp (WYY), the company’s capital structure generated 0.24 points at debt to capital in total, while cash flow to debt ratio is standing at -0.46. The debt to equity ratio resting at 0.31. The interest coverage ratio of the stock is -19.75.
Currently, EBITDA for the company is -0.3 million with net debt to EBITDA at -4.71. When we switch over and look at the enterprise to sales, we see a ratio of 0.3. The receivables turnover for the company is 4.0for trailing twelve months and the total asset turnover is 2.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.07.
Conclusion
In a nutshell, Widepoint Corp (WYY) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
