Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of WiSA Technologies Inc (NASDAQ: WISA) closed at $1.35 in the last session, up 6.30% from day before closing price of $1.27. In other words, the price has increased by $6.30 from its previous closing price. On the day, 0.56 million shares were traded. WISA stock price reached its highest trading level at $1.38 during the session, while it also had its lowest trading level at $1.2393.
Ratios:
We take a closer look at WISA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.66 and its Current Ratio is at 2.26. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.14.
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, H.C. Wainwright on December 14, 2020, initiated with a Buy rating and assigned the stock a target price of $3.50.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 23 ’24 when MOYER BRETT sold 6,553 shares for $1.79 per share. The transaction valued at 11,698 led to the insider holds 243,295 shares of the business.
Mbugua Stanley sold 2,267 shares of WISA for $4,047 on Dec 23 ’24. The insider now owns 67,733 shares after completing the transaction at $1.79 per share. On Nov 20 ’24, another insider, MOYER BRETT, who serves as the insider of the company, sold 84 shares for $1.98 each. As a result, the insider received 166 and left with 249,764 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WISA now has a Market Capitalization of 11222037 and an Enterprise Value of 6195662. For the stock, the TTM Price-to-Sale (P/S) ratio is 29.78 while its Price-to-Book (P/B) ratio in mrq is 2.44. Its current Enterprise Value per Revenue stands at 3.463 whereas that against EBITDA is -0.303.
Stock Price History:
The Beta on a monthly basis for WISA is -0.50, which has changed by -0.9 over the last 52 weeks, in comparison to a change of 0.22208416 over the same period for the S&P500. Over the past 52 weeks, WISA has reached a high of $15.10, while it has fallen to a 52-week low of $1.15. The 50-Day Moving Average of the stock is -22.14%, while the 200-Day Moving Average is calculated to be -41.90%.
Shares Statistics:
According to the various share statistics, WISA traded on average about 943.89K shares per day over the past 3-months and 630640 shares per day over the past 10 days. A total of 48.31M shares are outstanding, with a floating share count of 32.83M. Insiders hold about 32.05% of the company’s shares, while institutions hold 0.91% stake in the company. Shares short for WISA as of 1730332800 were 488171 with a Short Ratio of 0.67, compared to 1727654400 on 494732. Therefore, it implies a Short% of Shares Outstanding of 488171 and a Short% of Float of 8.6899996.
