During the last session, Widepoint Corp (AMEX:WYY)’s traded shares were 66764.0, with the beta value of the company hitting 1.91. At the end of the trading day, the stock’s price was $2.87, reflecting an intraday gain of 9.13% or $0.24. The 52-week high for the WYY share is $6.25, that puts it down -117.77 from that peak though still a striking 36.24% gain since the share price plummeted to a 52-week low of $1.83. The company’s market capitalization is $28.08M, and the average intraday trading volume over the past 10 days was 56430.0 shares, and the average trade volume was 29.24K shares over the past three months.
Widepoint Corp (WYY) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. WYY 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.
Widepoint Corp (AMEX:WYY) trade information
Widepoint Corp (WYY) registered a 9.13% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 9.13% in intraday trading to $2.87, hitting a weekly high. The stock’s 5-day price performance is 3.99%, and it has moved by -19.38% in 30 days. Based on these gigs, the overall price performance for the year is 37.32%. The short interest in Widepoint Corp (AMEX:WYY) is 33743.0 shares and it means that shorts have 1.86 day(s) to cover.
The consensus price target of analysts on Wall Street is $7, which implies an increase of 59.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $7 and $7 respectively. As a result, WYY is trading at a discount of -143.9% off the target high and -143.9% off the low.
Widepoint Corp (WYY) estimates and forecasts
In the rating firms’ projections, revenue will increase 13.68% 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 38.56M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 40.63M by the end of current fiscal year.
While earnings are projected to return 104.76% in 2025.
WYY Dividends
Widepoint Corp is due to release its next quarterly earnings on 2025-Apr-14. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Widepoint Corp (AMEX:WYY)’s Major holders
Widepoint Corp insiders own 20.47% of total outstanding shares while institutional holders control 13.78%, with the float percentage being 17.32%. VANGUARD GROUP INC is the largest shareholder of the company, while 35.0 institutions own stock in it. As of 2024-06-30, the company held over 0.38 million shares (or 4.2451% of all shares), a total value of $1.58 million in shares.
The next largest institutional holding, with 0.1 million shares, is of SUMMIT FINANCIAL STRATEGIES, INC.’s that is approximately 1.0976% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.43 million.
