Should WiSA Technologies Inc (NASDAQ: WISA) Revive After A -6544.63% Drop From Highs?

During the last session, WiSA Technologies Inc (NASDAQ:WISA)’s traded shares were 8.15 million, with the beta value of the company hitting -0.28. At the end of the trading day, the stock’s price was $6.05, reflecting an intraday gain of 12.24% or $0.66. The 52-week high for the WISA share is $402.00, that puts it down -6544.63 from that peak though still a striking 72.56% gain since the share price plummeted to a 52-week low of $1.66. The company’s market capitalization is $12.04M, and the average trade volume was 5.63 million shares over the past three months.

WiSA Technologies Inc (NASDAQ:WISA) trade information

WiSA Technologies Inc (WISA) registered a 12.24% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 12.24% in intraday trading to $6.05, hitting a weekly high. The stock’s 5-day price performance is -34.59%, and it has moved by 43.03% in 30 days. Based on these gigs, the overall price performance for the year is -96.82%.

WiSA Technologies Inc (WISA) estimates and forecasts

In the rating firms’ projections, revenue will increase 176.00% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 650k as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 600k by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 469k and 425k respectively. In this case, analysts expect current quarter sales to grow by 38.60% and then jump by 41.20% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 82.60%.

WISA Dividends

WiSA Technologies Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

WiSA Technologies Inc (NASDAQ:WISA)’s Major holders