WiSA Technologies Inc (WISA) with a beta value of -0.36 appears to be a promising investment opportunity.

On Monday, WiSA Technologies Inc (NASDAQ: WISA) was 4.19% up from the session before settling in for the closing price of $1.91. A 52-week range for WISA has been $1.15 – $38.10.

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During the last 5-year period, the sales growth of Technology Sector giant was 30.20%. When this article was written, the company’s average yearly earnings per share was at 97.03%. With a float of $4.02 million, this company’s outstanding shares have now reached $5.62 million.

Let’s determine the extent of company efficiency that accounts for 46 employees. In terms of profitability, gross margin is -115.99%, operating margin of -1147.29%, and the pretax margin is -2930.69%.

WiSA Technologies Inc (WISA) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward WiSA Technologies Inc stocks. The insider ownership of WiSA Technologies Inc is 28.45%, while institutional ownership is 1.76%. The most recent insider transaction that took place on Sep 23 ’24, was worth 3,707. In this transaction an insider of this company sold 2,220 shares at a rate of $1.67, taking the stock ownership to the 152,798 shares. Before that another transaction happened on Sep 23 ’24, when Company’s See Remarks sold 832 for $1.67, making the entire transaction worth $1,389. This insider now owns 60,183 shares in total.

WiSA Technologies Inc (WISA) Recent Fiscal highlights

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -145.5 earnings per share (EPS) during the time that was less than consensus figure (set at -126) by -19.5. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.62 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 97.03% per share during the next fiscal year.

WiSA Technologies Inc (NASDAQ: WISA) Trading Performance Indicators

You can see what WiSA Technologies Inc (WISA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.14. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.25.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -219.44, a number that is poised to hit -0.65 in the next quarter and is forecasted to reach -2.31 in one year’s time.

Technical Analysis of WiSA Technologies Inc (WISA)

Looking closely at WiSA Technologies Inc (NASDAQ: WISA), its last 5-days average volume was 1.78 million, which is a drop from its year-to-date volume of 3.47 million. As of the previous 9 days, the stock’s Stochastic %D was 57.56%. Additionally, its Average True Range was 0.19.

During the past 100 days, WiSA Technologies Inc’s (WISA) raw stochastic average was set at 31.94%, which indicates a significant decrease from 71.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.23% in the past 14 days, which was lower than the 162.61% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.8130, while its 200-day Moving Average is $4.2661. However, in the short run, WiSA Technologies Inc’s stock first resistance to watch stands at $2.1600. Second resistance stands at $2.3300. The third major resistance level sits at $2.5000. If the price goes on to break the first support level at $1.8200, it is likely to go to the next support level at $1.6500. Now, if the price goes above the second support level, the third support stands at $1.4800.

WiSA Technologies Inc (NASDAQ: WISA) Key Stats

There are 4,666K outstanding shares of the company, which has a market capitalization of 11.18 million. As of now, sales total 2,080 K while income totals -18,720 K. Its latest quarter income was 350 K while its last quarter net income were -42,670 K.