The stock of WiSA Technologies Inc (WISA) has gone up by 46.47% for the week, with a 53.70% rise in the past month and a 40.68% rise in the past quarter. The volatility ratio for the week is 20.28%, and the volatility levels for the past 30 days are 9.65% for WISA. The simple moving average for the past 20 days is 38.99% for WISA’s stock, with a -0.98% simple moving average for the past 200 days.
Is It Worth Investing in WiSA Technologies Inc (NASDAQ: WISA) Right Now?
Additionally, the 36-month beta value for WISA is -0.44. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for WISA is 6.37M and currently, short sellers hold a 10.15% ratio of that float. The average trading volume of WISA on December 30, 2024 was 856.54K shares.
WISA) stock’s latest price update
WiSA Technologies Inc (NASDAQ: WISA)’s stock price has soared by 8.26 in relation to previous closing price of 2.30. Nevertheless, the company has seen a gain of 46.47% in its stock price over the last five trading days. zacks.com reported 2024-12-24 that WiSA Technologies stockholders approve acquiring Datavault IP and IT assets from Data Vault Holdings in a deal valued at $266M-$501M per fairness opinion.
Analysts’ Opinion of WISA
Many brokerage firms have already submitted their reports for WISA stocks, with H.C. Wainwright repeating the rating for WISA by listing it as a “Buy.” The predicted price for WISA in the upcoming period, according to H.C. Wainwright is $3.50 based on the research report published on December 14, 2020 of the previous year 2020.
WISA Trading at 37.21% from the 50-Day Moving Average
After a stumble in the market that brought WISA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -86.72% of loss for the given period.
Volatility was left at 9.65%, however, over the last 30 days, the volatility rate increased by 20.28%, as shares surge +45.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +36.63% upper at present.
During the last 5 trading sessions, WISA rose by +40.65%, which changed the moving average for the period of 200-days by -46.51% in comparison to the 20-day moving average, which settled at $1.79. In addition, WiSA Technologies Inc saw -85.80% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WISA starting from MOYER BRETT, who sale 6,553 shares at the price of $1.79 back on Dec 23 ’24. After this action, MOYER BRETT now owns 243,295 shares of WiSA Technologies Inc, valued at $11,698 using the latest closing price.
Mbugua Stanley, the See Remarks of WiSA Technologies Inc, sale 2,267 shares at $1.79 during a trade that took place back on Dec 23 ’24, which means that Mbugua Stanley is holding 67,733 shares at $4,047 based on the most recent closing price.
Stock Fundamentals for WISA
Current profitability levels for the company are sitting at:
- -8.86 for the present operating margin
- -0.08 for the gross margin
The net margin for WiSA Technologies Inc stands at -23.45. The total capital return value is set at -3.97. Equity return is now at value -1985.06, with -758.86 for asset returns.
Currently, EBITDA for the company is -21.36 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 7.43. The receivables turnover for the company is 12.38for trailing twelve months and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.26.
Conclusion
In conclusion, WiSA Technologies Inc (WISA) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
