WiSA Technologies Inc (NASDAQ:WISA)’s traded shares stood at 33.74 million during the last session, with the company’s beta value hitting 0.01. At the close of trading, the stock’s price was $0.02, to imply a decrease of -0.94% or $0.0 in intraday trading. The WISA share’s 52-week high remains $2.77, putting it -13750.0% down since that peak but still an impressive 0.0% since price per share fell to its 52-week low of $0.02. The company has a valuation of $1.22M, with an average of 32.17 million shares in intraday trading volume over the past 10 days and average of 19.13 million shares over the past 3 months.
WiSA Technologies Inc (NASDAQ:WISA) trade information
After registering a -0.94% downside in the last session, WiSA Technologies Inc (WISA) has traded red over the past five days. The stock hit a weekly high of 0.0297, dropping -0.94% in its intraday price action. The 5-day price performance for the stock is -27.08%, and -47.89% over 30 days. With these gigs, the year-to-date price performance is -82.04%. Short interest in WiSA Technologies Inc (NASDAQ:WISA) saw shorts transact 5.94 million shares and set a 0.16 days time to cover.
WiSA Technologies Inc (WISA) estimates and forecasts
Revenue is forecast to grow 95.50% this quarter before jumping 64.20% for the next one. The rating firms project that company’s revenue will shrink -27.20% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is $750k. Meanwhile, for the quarter ending Mar 2024, a total of 2 analyst(s) estimate revenue growth to $650k.Earnings reports from the last fiscal year show that sales brought in $916k and $469k respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -18.10% before jumping 38.60% in the following quarter.
WISA Dividends
WiSA Technologies Inc has its next earnings report out between April 01 and April 16. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. WiSA Technologies Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
WiSA Technologies Inc (NASDAQ:WISA)’s Major holders
WiSA Technologies Inc insiders hold 10.39% of total outstanding shares, with institutional holders owning 0.34% of the shares at 0.38% float percentage. In total, 0.34% institutions holds shares in the company, led by Vanguard Group Inc. As of Jun 29, 2023, the company held over 45882.0 shares (or 0.70% of shares), all amounting to roughly $58270.0.
The next major institution holding the largest number of shares is Ingalls & Snyder with 20700.0 shares, or about 0.31% of shares outstanding. As of the market price on Jun 29, 2023, these shares were worth $26289.0.
We also have Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the WiSA Technologies Inc (WISA) shares. Going by data provided on Jun 29, 2023, Vanguard Extended Market Index Fund holds roughly 45800.0 shares. This is just over 0.70% of the total shares, with a market valuation of $58166.0. Data from the same date shows that the other fund manager holds a little less at 727.0, or 0.01% of the shares, all valued at about 894.0.
