Widepoint Corp (WYY) kicked off at the price of $4.15: Venture capitalists have an exciting new opportunity

On Friday, Widepoint Corp (AMEX: WYY) opened higher 7.24% from the last session, before settling in for the closing price of $3.87. Price fluctuations for WYY have ranged from $1.83 to $6.25 over the past 52 weeks.

During the last 5-year period, the sales growth of Technology Sector giant was 11.53%. Company’s average yearly earnings per share was noted 42.39% at the time writing. With a float of $7.68 million, this company’s outstanding shares have now reached $9.49 million.

Let’s determine the extent of company efficiency that accounts for 206 employees. In terms of profitability, gross margin is 13.32%, operating margin of -1.97%, and the pretax margin is -2.17%.

Widepoint Corp (WYY) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Information Technology Services industry is another important factor to consider. The insider ownership of Widepoint Corp is 21.62%, while institutional ownership is 13.71%. The most recent insider transaction that took place on Nov 19 ’24, was worth 23,091. In this transaction COO of this company sold 5,009 shares at a rate of $4.61, taking the stock ownership to the 158,516 shares. Before that another transaction happened on Nov 18 ’24, when Company’s COO sold 591 for $4.28, making the entire transaction worth $2,529. This insider now owns 163,525 shares in total.

Widepoint Corp (WYY) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 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 72.09% during the next five years compared to -21.24% drop over the previous five years of trading.

Widepoint Corp (AMEX: WYY) Trading Performance Indicators

Check out the current performance indicators for Widepoint Corp (WYY). In the past 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 0.31.

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)

Looking closely at Widepoint Corp (AMEX: WYY), its last 5-days average volume was 32520.0, which is a drop from its year-to-date volume of 43290.0. As of the previous 9 days, the stock’s Stochastic %D was 56.26%. Additionally, its Average True Range was 0.30.

During the past 100 days, Widepoint Corp’s (WYY) raw stochastic average was set at 32.47%, which indicates a significant decrease from 77.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.91% in the past 14 days, which was lower than the 79.52% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.42, while its 200-day Moving Average is $3.74. However, in the short run, Widepoint Corp’s stock first resistance to watch stands at $4.41. Second resistance stands at $4.66. The third major resistance level sits at $4.99. If the price goes on to break the first support level at $3.83, it is likely to go to the next support level at $3.50. Now, if the price goes above the second support level, the third support stands at $3.25.

Widepoint Corp (AMEX: WYY) Key Stats

There are currently 9,802K shares outstanding in the company with a market cap of 40.67 million. Presently, the company’s annual sales total 106,030 K according to its annual income of -4,050 K. Last quarter, the company’s sales amounted to 34,620 K and its income totaled -430 K.