Summit Wireless Technologies Inc. (NASDAQ: WISA) started the day on February 11, 2021, with a price increase of 7.77% at $4.44. During the day, the stock rose to $4.89 and sunk to $3.95 before settling in for the price of $4.12 at the close. Taking a more long-term approach, WISA posted a 52-week range of $1.72-$8.80.
Nevertheless, stock’s Earnings Per Share (EPS) this year is 85.30%. This publicly-traded company’s shares outstanding now amounts to $7.71 million, simultaneously with a float of $6.86 million. The organization now has a market capitalization sitting at $37.34 million. At the time of writing, stock’s 50-day Moving Average stood at $3.44, while the 200-day Moving Average is $2.56.
If we measure the efficiency of the company that is accounted for 38 employees. It has generated 37,022 per worker during the last fiscal year. Meanwhile, its income per employee was -267,511. The stock had 15.12 Receivables turnover and 0.35 Total Asset turnover. For the Profitability, stocks gross margin was -4.26, operating margin was -669.93 and Pretax Margin of -722.09.
Summit Wireless Technologies Inc. (WISA) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Semiconductors Industry. Summit Wireless Technologies Inc.’s current insider ownership accounts for 4.90%, in contrast to 4.00% institutional ownership. According to the most recent insider trade that took place on Dec 24, this organization’s See Remarks sold 967 shares at the rate of 2.37, making the entire transaction reach 2,292 in total value, affecting insider ownership by 182,634.
Summit Wireless Technologies Inc. (WISA) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 9/29/2020, the organization reported -$0.39 earnings per share (EPS) for the three months, lower than the consensus estimate (set at -$0.3) by -$0.09. This company achieved a net margin of -722.57 while generating a return on equity of -488.48. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.27 per share during the current fiscal year.
Summit Wireless Technologies Inc.’s EPS increase for this current 12-month fiscal period is 85.30% and is forecasted to reach -1.09 in the upcoming year.
Summit Wireless Technologies Inc. (NASDAQ: WISA) Trading Performance Indicators
Let’s observe the current performance indicators for Summit Wireless Technologies Inc. (WISA). It’s Quick Ratio in the last reported quarter now stands at 5.20. The Stock has managed to achieve an average true range (ATR) of 0.36. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 20.74.
In the same vein, WISA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -6.88, a figure that is expected to reach -0.36 in the next quarter, and analysts are predicting that it will be -1.09 at the market close of one year from today.
Technical Analysis of Summit Wireless Technologies Inc. (WISA)
If we take a close look at the recent performances of Summit Wireless Technologies Inc. (NASDAQ: WISA), its last 5-days Average volume was 1.05 million that shows progress from its year to date volume of 0.72 million. During the previous 9 days, stock’s Stochastic %D was recorded 84.15% While, its Average True Range was 0.37.
Raw Stochastic average of Summit Wireless Technologies Inc. (WISA) in the period of the previous 100 days is set at 85.76%, which indicates a major rise in contrast to 73.37% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 84.50% that was lower than 129.83% volatility it exhibited in the past 100-days period.