WiSA Technologies Inc (WISA) is -16.78% away from 50-day simple Moving Average despite all headwinds

WiSA Technologies Inc (NASDAQ: WISA) kicked off on Friday, up 8.76% from the previous trading day, before settling in for the closing price of $1.37. Over the past 52 weeks, WISA has traded in a range of $1.15-$15.99.

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Annual sales at Technology sector company grew by 32.43% over the past five years. While this was happening, its average annual earnings per share was recorded 96.79%. With a float of $32.83 million, this company’s outstanding shares have now reached $48.31 million.

Let’s look at the performance matrix of the company that is accounted for 46 employees. 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

Our next focus will be how large-scale investors are participating in this stock of the Semiconductors Industry. The insider ownership of WiSA Technologies Inc is 32.05%, 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

Take a look at WiSA Technologies Inc’s (WISA) current performance indicators. Last quarter, stock had a quick ratio of 1.66. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 32.87.

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)

WiSA Technologies Inc (NASDAQ: WISA) saw its 5-day average volume 0.78 million, a negative change from its year-to-date volume of 0.79 million. As of the previous 9 days, the stock’s Stochastic %D was 15.89%. Additionally, its Average True Range was 0.18.

During the past 100 days, WiSA Technologies Inc’s (WISA) raw stochastic average was set at 16.19%, which indicates a significant decrease from 17.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 83.99% in the past 14 days, which was lower than the 164.07% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.7905, while its 200-day Moving Average is $2.3558. Nevertheless, the first resistance level for the watch stands at $1.5467 in the near term. At $1.6033, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.7067. If the price goes on to break the first support level at $1.3867, it is likely to go to the next support level at $1.2833. The third support level lies at $1.2267 if the price breaches the second support level.

WiSA Technologies Inc (NASDAQ: WISA) Key Stats

The company with the Market Capitalisation of 71.99 million has total of 8,313K Shares Outstanding. Its annual sales at the moment are 2,080 K in contrast with the sum of -18,720 K annual income. Company’s last quarter sales were recorded 1,170 K and last quarter income was -5,090 K.