KWESST Micro Systems Inc (KWE): A Technical Analysis

KWE has 36-month beta value of 1.63. Analysts have mixed views 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 1.63M, and currently, short sellers hold a 1.16% ratio of that float. The average trading volume of KWE on November 26, 2024 was 274.89K shares.

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KWE) stock’s latest price update

KWESST Micro Systems Inc (NASDAQ: KWE)’s stock price has dropped by -11.25 in relation to previous closing price of 0.85. Nevertheless, the company has seen a gain of 27.12% in its stock price over the last five trading days. newsfilecorp.com reported 2024-11-13 that Ottawa, Ontario–(Newsfile Corp. – November 13, 2024) – KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (TSXV: KWE.WT.U) (“KWESST” or the “Company”) announced today that it received a letter from The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that it is eligible for an additional 180 calendar day period, or until May 12, 2025, to regain compliance with the Nasdaq’s minimum $1 bid price per share requirement. The Company was first notified by Nasdaq of its failure to maintain a minimum bid price of $1 per share for 30 consecutive trading days under Nasdaq Listing Rule 5550(a)(2) on May 16, 2024, and was given until November 12, 2024 to regain compliance.

KWE’s Market Performance

KWE’s stock has risen by 27.12% in the past week, with a monthly drop of -57.39% and a quarterly drop of -50.03%. The volatility ratio for the week is 17.08% while the volatility levels for the last 30 days are 15.34% for KWESST Micro Systems Inc The simple moving average for the past 20 days is -5.23% for KWE’s stock, with a -84.90% simple moving average for the past 200 days.

KWE Trading at -40.24% 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 -95.52% of loss for the given period.

Volatility was left at 15.34%, however, over the last 30 days, the volatility rate increased by 17.08%, as shares sank -50.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -51.01% lower at present.

During the last 5 trading sessions, KWE rose by +27.12%, which changed the moving average for the period of 200-days by -94.72% in comparison to the 20-day moving average, which settled at $0.7914. In addition, KWESST Micro Systems Inc saw -91.67% 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:

  • -7.86 for the present operating margin
  • -0.34 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.

Currently, EBITDA for the company is -7.63 million with net debt to EBITDA at 0.14. When we switch over and look at the enterprise to sales, we see a ratio of 0.54. 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 put it simply, KWESST Micro Systems Inc (KWE) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.

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