Can WiSA Technologies Inc’s (WISA) drop of -17.26% in a week be considered a lucky break?

WiSA Technologies Inc (NASDAQ: WISA) on Tuesday, plunged -6.71% from the previous trading day, before settling in for the closing price of $1.49. Within the past 52 weeks, WISA’s price has moved between $1.15 and $16.95.

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A company in the Technology sector has jumped its sales by 32.43% annually for the last half of the decade. The company achieved an average annual earnings per share of 96.79%. With a float of $33.22 million, this company’s outstanding shares have now reached $48.31 million.

In an organization with 46 employees, it is important to assess its efficiency. 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) Insider and Institutional Ownership

Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of WiSA Technologies Inc is 31.24%, while institutional ownership is 0.91%. The most recent insider transaction that took place on Dec 23 ’24, was worth 11,698. In this transaction an insider of this company sold 6,553 shares at a rate of $1.79, taking the stock ownership to the 243,295 shares. Before that another transaction happened on Dec 23 ’24, when Company’s insider sold 2,267 for $1.79, making the entire transaction worth $4,047. This insider now owns 67,733 shares in total.

WiSA Technologies Inc (WISA) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.21 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 96.79% per share during the next fiscal year.

WiSA Technologies Inc (NASDAQ: WISA) Trading Performance Indicators

WiSA Technologies Inc (WISA) is currently performing well based on its current performance indicators. A quick ratio of 1.66 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 30.67.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -75.85, a number that is poised to hit -0.97 in the next quarter and is forecasted to reach -1.16 in one year’s time.

Technical Analysis of WiSA Technologies Inc (WISA)

Let’s dig in a bit further. During the last 5-days, its volume was 0.58 million. That was inferior than the volume of 0.78 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 3.20%. Additionally, its Average True Range was 0.20.

During the past 100 days, WiSA Technologies Inc’s (WISA) raw stochastic average was set at 11.43%, which indicates a significant increase from 1.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 127.73% in the past 14 days, which was lower than the 164.92% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.8131, while its 200-day Moving Average is $2.3862. However, in the short run, WiSA Technologies Inc’s stock first resistance to watch stands at $1.4761. Second resistance stands at $1.5623. The third major resistance level sits at $1.6153. If the price goes on to break the first support level at $1.3369, it is likely to go to the next support level at $1.2839. The third support level lies at $1.1977 if the price breaches the second support level.

WiSA Technologies Inc (NASDAQ: WISA) Key Stats

Market capitalization of the company is 67.16 million based on 8,313K outstanding shares. Right now, sales total 2,080 K and income totals -18,720 K. The company made 1,170 K in profit during its latest quarter, and -5,090 K in sales during its previous quarter.