What Is The Performance Outlook For WISeKey International Holding Ltd ADR (NASDAQ: WKEY) In The Coming Months?

In the last trading session, 4.57 million WISeKey International Holding Ltd ADR (NASDAQ:WKEY) shares changed hands as the company’s beta touched 1.60. With the company’s per share price at $9.38 changed hands at $2.39 or 34.19% during last session, the market valuation stood at $15.48M. WKEY’s last price was a discount, traded about -49.25% off its 52-week high of $14.00. The share price had its 52-week low at $1.58, which suggests the last value was 83.16% up since then. When we look at WISeKey International Holding Ltd ADR’s average trading volume, we note the 10-day average is 16.08 million shares, with the 3-month average coming to 2.55 million.

WISeKey International Holding Ltd ADR (NASDAQ:WKEY) trade information

Instantly WKEY was in green as seen at the end of in last trading. With action -21.83%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 435.97%, with the 5-day performance at -21.83% in the red. However, in the 30-day time frame, WISeKey International Holding Ltd ADR (NASDAQ:WKEY) is 383.51% up. Looking at the short shares, we see there were 62440.0 shares sold at short interest cover period of 1.06 days.

The consensus price target for the stock as assigned by Wall Street analysts is 4, meaning bulls need a downside of -134.5% from its current market value. According to analyst projections, WKEY’s forecast low is 4 with 4 as the target high. To hit the forecast high, the stock’s price needs a 57.36% surge from its current level, while the stock would need to tank 57.36% for it to hit the projected low.

WISeKey International Holding Ltd ADR (WKEY) estimates and forecasts

Data shows that the WISeKey International Holding Ltd ADR share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 336.28% over the past 6 months, a -1,534.00% in annual growth rate that is considerably lower than the industry average of 15.40%.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 2.55M. 1 analysts are of the opinion that WISeKey International Holding Ltd ADR’s revenue for the current quarter will be 3.4M. The company’s revenue for the corresponding quarters a year ago was 6.75M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -62.22%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 32.24%. The 2024 estimates are for WISeKey International Holding Ltd ADR earnings to increase by 35.97%.

WKEY Dividends

WISeKey International Holding Ltd ADR is expected to release its next quarterly earnings report in January.