The closing price of WiSA Technologies Inc (NASDAQ: WISA) was $0.02 for the day, down -15.56% from the previous closing price of $0.02. On the day, 70674870 shares were traded.
Ratios:
Our analysis of WISA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.37 and its Current Ratio is at 1.12.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 18 ’23 when MOYER BRETT sold 80 shares for $0.13 per share. The transaction valued at 10 led to the insider holds 74,509 shares of the business.
WILLIAMS GARY sold 16 shares of WISA for $2 on Dec 18 ’23. The insider now owns 48,931 shares after completing the transaction at $0.13 per share. On Nov 28 ’23, another insider, MOYER BRETT, who serves as the insider of the company, sold 6,159 shares for $0.12 each. As a result, the insider received 770 and left with 74,589 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.83.
Stock Price History:
Over the past 52 weeks, WISA has reached a high of $2.68, while it has fallen to a 52-week low of $0.02.
Shares Statistics:
A total of 250.94M shares are outstanding, with a floating share count of 225.66M. Insiders hold about 43.36% of the company’s shares, while institutions hold 0.08% stake in the company.
Earnings Estimates
The firm’s stock currently is rated by Themes Generative Artificial In analysts. The consensus estimate for the next quarter is $5.00, with high estimates of $343.60 and low estimates of $0.02.
Analysts are recommending an EPS of between $Consumer Cyclical and $Technology for the fiscal current year, implying an average EPS of $Consumer Cyclical.
