Let’s look at the key reasons that are pushing WiSA Technologies Inc (WISA) to new highs

On Monday, WiSA Technologies Inc (NASDAQ: WISA) was -6.09% drop from the session before settling in for the closing price of $1.73. A 52-week range for WISA has been $1.15 – $38.10.

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Technology Sector giant saw their annual sales surged by 30.20% over the last five years. When this article was written, the company’s average yearly earnings per share was at 96.83%. With a float of $5.35 million, this company’s outstanding shares have now reached $7.77 million.

The firm has a total of 46 workers. Let’s measure their productivity. In terms of profitability, gross margin is -8.21%, operating margin of -886.36%, and the pretax margin is -2345.39%.

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 31.11%, while institutional ownership is 5.72%. The most recent insider transaction that took place on Nov 20 ’24, was worth 166. In this transaction an insider of this company sold 84 shares at a rate of $1.98, taking the stock ownership to the 249,764 shares. Before that another transaction happened on Nov 20 ’24, when Company’s See Remarks sold 58 for $1.98, making the entire transaction worth $115. This insider now owns 60,125 shares in total.

WiSA Technologies Inc (WISA) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 96.83% 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 1.66. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.39.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -75.85, a number that is poised to hit -0.75 in the next quarter and is forecasted to reach -2.55 in one year’s time.

Technical Analysis of WiSA Technologies Inc (WISA)

Analysing the last 5-days average volume posted by the [WiSA Technologies Inc, WISA], we can find that recorded value of 0.44 million was lower than the volume posted last year of 3.2 million. As of the previous 9 days, the stock’s Stochastic %D was 7.53%. Additionally, its Average True Range was 0.17.

During the past 100 days, WiSA Technologies Inc’s (WISA) raw stochastic average was set at 21.46%, which indicates a significant increase from 2.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.59% in the past 14 days, which was lower than the 158.61% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.8007, while its 200-day Moving Average is $3.0122. Now, the first resistance to watch is $1.7137. This is followed by the second major resistance level at $1.8073. The third major resistance level sits at $1.8642. If the price goes on to break the first support level at $1.5632, it is likely to go to the next support level at $1.5063. Now, if the price goes above the second support level, the third support stands at $1.4127.

WiSA Technologies Inc (NASDAQ: WISA) Key Stats

There are 7,768K outstanding shares of the company, which has a market capitalization of 11.80 million. As of now, sales total 2,080 K while income totals -18,720 K. Its latest quarter income was 1,170 K while its last quarter net income were -5,090 K.