After grabbing 29778.0 shares, the institutional investor is now in possession of 29778.0 shares of the Technology Company. The new investment brought the stake of investor firm to 0.17% having worth around $4020.0. Moreover, Ground Swell Capital LLC increased its share by 22040.0 to have a control over 22040.0 shares. And Barclays Capital, Inc. raised its holdings to 12183.0 shares by acquiring 12183.0 shares or 0.07% of the stake.
WiSA Technologies Inc (WISA) concluded trading on 12/21/23 at a closing price of $0.12, with 10.91 million shares of worth about $1.31 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -90.52% during that period and on Thursday the price saw a loss of about -4.56%. Currently the company’s common shares owned by public are about 17.74M shares, out of which, 17.36M shares are available for trading.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 10 times over the past 12 months. They bought 234,000 shares in 10 of the transactions. In 0 selling transactions, insiders dumped 0 shares.
Vanguard Extended Market Index Fu, Fidelity Extended Market Index Fu, and Fidelity Nasdaq Composite Index F are the top 3 mutual funds which are holding stakes in WiSA Technologies Inc Vanguard Extended Market Index Fu is currently holding 45800.0 shares of worth totaling $6183.0. The company recently came buying 0.0 shares which brought its stake up to 0.26% of the company’s outstanding shares. Fidelity Nasdaq Composite Index F, after buying 510.0 shares, have now control over 0.00% of the stake in the company. It holds 0.0 shares of worth $69.0.
However, the stock later moved at a day high price of 0.1349, or with a loss of -4.56%. Stock saw a price change of -13.35% in past 5 days and over the past one month there was a price change of -10.90%. Year-to-date (YTD), WISA shares are showing a performance of -98.89% which decreased to -98.68% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.11 but also hit the highest price of $22.90 during that period. The average intraday trading volume for WiSA Technologies Inc shares is 4.35 million. The stock is currently trading -10.89% below its 20-day simple moving average (SMA20), while that difference is down -28.62% for SMA50 and it goes to -88.47% lower than SMA200.
Geode Capital Management LLC acquired 29778.0 shares of WiSA Technologies Inc having value of about $4020.0. WiSA Technologies Inc (NASDAQ: WISA) currently have 17.74M outstanding shares and institutions hold larger chunk of about 0.87% of that. Holding of mutual funds in the company is about 0.44% while other institutional holders and individual stake holders have control over 1.33% and 0.43% of the stake respectively.
The stock has a current market capitalization of $2.12M and its 3Y-monthly beta is at 0.18. It has posted earnings per share of -$7.60 in the same period. It has Quick Ratio of 0.36 while making debt-to-equity ratio of 1.42. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for WISA, volatility over the week remained 11.80% while standing at 14.39% over the month.
Analysts are in expectations that WiSA Technologies Inc (WISA) stock would likely to be making an EPS of -$0.48 in the current quarter, while forecast for next quarter EPS is -$0.19 and it is -$1.41 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.74 which is -$0.22 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$31 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 96.74% while it is estimated to increase by 50.74% in next year.
Analysts at 2 brokerage firms have issued recommendations for the WiSA Technologies Inc (WISA)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.00. Out of those 2 Wall Street analysts, 1 recommended a “Buy” rating, while 1 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by H.C. Wainwright on December 14, 2020 offering a Buy rating for the stock and assigned a target price of $3.50 to it.
