In terms of market performance, Widepoint Corp had a somewhat regular. The highest value for the stock in the past year was $3.49 on 01/30/24, while the lowest value was $1.60 on 10/13/23.
52-week price history of WYY Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Widepoint Corp’s current trading price is -27.22% away from its 52-week high, while its distance from the 52-week low is 58.75%. The stock’s price range for this period has remained between $1.60 and $3.49. The Technology sector company’s shares managed to surpass a trading volume of around 1.2 million for the day, which was noticeably higher compared to the shares’ average daily volume of 40670.0 over the last three months.
Financial Performance and Market Capitalization
Widepoint Corp (WYY) has experienced a quarterly decline of -8.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 24.28M and boasts a workforce of 206 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.49, with a change in price of +0.61. Similarly, Widepoint Corp recorded 60,169 in trading volume during the last 100 days, posting a change of +31.61%.
WYY Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for WYY stands at 0.32. Similarly, the long-term debt-to-equity ratio is also 0.28.
WYY Stock Stochastic Average
As of today, the raw stochastic average of Widepoint Corp over the last 50 days is at 68.93%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 75.53%. Further, the company’s Stochastic %K and %D values for the last 20 days were 60.79% and 47.83%, respectively.
WYY Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. This year’s metric has recorded a Price increase of 9.48%. However, over the past six months, we’ve seen a weaker performance of 43.50%. The price of WYY fallen by 10.43% over the last 30 days. And in the last five days, it has surged by 26.37%.
