During the last session, WiSA Technologies Inc (NASDAQ:WISA)’s traded shares were 1.05 million, with the beta value of the company hitting -0.49. At the end of the trading day, the stock’s price was $1.37, reflecting an intraday loss of -1.44% or -$0.02. The 52-week high for the WISA share is $15.99, that puts it down -1067.15 from that peak though still a striking 16.06% gain since the share price plummeted to a 52-week low of $1.15. The company’s market capitalization is $66.18M, and the average intraday trading volume over the past 10 days was 0.68 million shares, and the average trade volume was 1.03 million shares over the past three months.
WiSA Technologies Inc (WISA) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.00. WISA has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.97.
WiSA Technologies Inc (NASDAQ:WISA) trade information
WiSA Technologies Inc (WISA) registered a -1.44% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.44% in intraday trading to $1.37, hitting a weekly high. The stock’s 5-day price performance is -15.95%, and it has moved by -18.93% in 30 days. Based on these gigs, the overall price performance for the year is -91.43%. The short interest in WiSA Technologies Inc (NASDAQ:WISA) is 0.49 million shares and it means that shorts have 0.73 day(s) to cover.
The consensus price target of analysts on Wall Street is $200, which implies an increase of 99.31% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $200 and $200 respectively. As a result, WISA is trading at a discount of -14498.54% off the target high and -14498.54% off the low.
WiSA Technologies Inc (WISA) estimates and forecasts
Statistics show that WiSA Technologies Inc has outperformed its competitors in share price, compared to the industry in which it operates. WiSA Technologies Inc (WISA) shares have gone down -42.92% during the last six months, with a year-to-date growth rate more than the industry average at 97.62% against 21.60. In the rating firms’ projections, revenue will increase 17.62% 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 700k as predicted by 2 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 500k by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 420k and 255k respectively. In this case, analysts expect current quarter sales to grow by 66.67% and then jump by 96.08% 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%. While earnings are projected to return 96.79% in 2025.
WISA Dividends
WiSA Technologies Inc is due to release its next quarterly earnings in February. 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
WiSA Technologies Inc insiders own 20.63% of total outstanding shares while institutional holders control 5.72%, with the float percentage being 7.21%.
Also, the Mutual Funds coming in first place with the largest holdings of WiSA Technologies Inc (WISA) shares are Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund . Data provided on Nov 30, 2024 indicates that Fidelity Extended Market Index Fund owns about 28.61 shares. This amounts to just over 0.34 percent of the company’s overall shares, with a $39201.0 market value. The same data shows that the other fund manager holds slightly less at 13.35, or about 0.16% of the stock, which is worth about $18282.0.