A look at Widepoint Corp’s (WYY) recent performance gives investors their first glimpse of hope.

On Tuesday, Widepoint Corp (AMEX: WYY) was 19.39% up from the session before settling in for the closing price of $4.23. A 52-week range for WYY has been $1.65 – $4.55.

Technology Sector giant saw their annual sales surged by 13.54% over the last five years. When this article was written, the company’s average yearly earnings per share was at 42.39%. With a float of $7.64 million, this company’s outstanding shares have now reached $8.89 million.

The firm has a total of 206 workers. Let’s measure their productivity. In terms of profitability, gross margin is 13.32%, operating margin of -1.97%, and the pretax margin is -2.17%.

Widepoint Corp (WYY) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Widepoint Corp stocks. The insider ownership of Widepoint Corp is 22.10%, while institutional ownership is 11.05%. The most recent insider transaction that took place on Nov 19 ’24, was worth 105,160. In this transaction Chief Financial Officer of this company sold 22,000 shares at a rate of $4.78, taking the stock ownership to the 92,474 shares. Before that another transaction happened on Oct 01 ’24, when Company’s COO sold 1,000 for $3.60, making the entire transaction worth $3,600. This insider now owns 164,116 shares in total.

Widepoint Corp (WYY) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 42.39% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to -21.24% drop over the previous five years of trading.

Widepoint Corp (AMEX: WYY) Trading Performance Indicators

You can see what Widepoint Corp (WYY) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.37.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.32, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.12 in one year’s time.

Technical Analysis of Widepoint Corp (WYY)

Analysing the last 5-days average volume posted by the [Widepoint Corp, WYY], we can find that recorded value of 0.19 million was better than the volume posted last year of 76104.0. As of the previous 9 days, the stock’s Stochastic %D was 59.73%. Additionally, its Average True Range was 0.31.

During the past 100 days, Widepoint Corp’s (WYY) raw stochastic average was set at 89.84%, which indicates a significant increase from 85.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.11% in the past 14 days, which was higher than the 70.08% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.63, while its 200-day Moving Average is $3.16. Now, the first resistance to watch is $5.46. This is followed by the second major resistance level at $5.87. The third major resistance level sits at $6.43. If the price goes on to break the first support level at $4.49, it is likely to go to the next support level at $3.93. Should the price break the second support level, the third support level stands at $3.52.

Widepoint Corp (AMEX: WYY) Key Stats

There are 9,802K outstanding shares of the company, which has a market capitalization of 49.50 million. As of now, sales total 106,030 K while income totals -4,050 K. Its latest quarter income was 34,620 K while its last quarter net income were -430 K.