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In the latest session, WiSA Technologies Inc (NASDAQ: WISA) closed at $1.26 down -4.91% from its previous closing price of $1.33. In other words, the price has decreased by -$4.91 from its previous closing price. On the day, 0.11 million shares were traded. WISA stock price reached its highest trading level at $1.35 during the session, while it also had its lowest trading level at $1.2365.
Ratios:
For a deeper understanding of WiSA Technologies Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.14 and its Current Ratio is at 2.79. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.09.
Upgrades & Downgrades
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 18 ’23 when WILLIAMS GARY sold 16 shares for $0.13 per share. The transaction valued at 2 led to the insider holds 48,931 shares of the business.
MOYER BRETT sold 80 shares of WISA for $10 on Dec 18 ’23. The insider now owns 74,509 shares after completing the transaction at $0.13 per share. On Nov 28 ’23, another insider, WILLIAMS GARY, who serves as the insider of the company, sold 3,940 shares for $0.12 each. As a result, the insider received 492 and left with 48,947 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 7081968 and an Enterprise Value of 1642968. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.96 while its Price-to-Book (P/B) ratio in mrq is 0.96. Its current Enterprise Value per Revenue stands at 0.918 whereas that against EBITDA is -0.08.
Stock Price History:
Over the past 52 weeks, WISA has reached a high of $129.00, while it has fallen to a 52-week low of $1.31. The 50-Day Moving Average of the stock is -42.76%, while the 200-Day Moving Average is calculated to be -83.95%.
Shares Statistics:
For the past three months, WISA has traded an average of 1.12M shares per day and 105000 over the past ten days. A total of 5.62M shares are outstanding, with a floating share count of 4.95M. Insiders hold about 12.00% of the company’s shares, while institutions hold 1.68% stake in the company. Shares short for WISA as of 1723680000 were 241561 with a Short Ratio of 0.21, compared to 1721001600 on 191871. Therefore, it implies a Short% of Shares Outstanding of 241561 and a Short% of Float of 4.3.
