WISeKey International Holding AG [NASDAQ: WKEY] surged by $0.65 during the normal trading session on Tuesday and reaching a high of $8.65 during the day while it closed the day at $8.49. The company report on June 1, 2021 that arago, a WISekey company, signs a $5 million placement of TrusteCoin NFT token with iconomy.
arago, a WISekey company, signs a $5 million placement of TrusteCoin NFT token with iconomy.
This agreement represents the first phase of the pre-sale of TrusteCoin with iconomy. The second round of the pre-sale will close before the platform is launched on July 4, 2021.
WISeKey International Holding AG stock has also gained 15.35% of its value over the past 7 days. However, WKEY stock has inclined by 17.59% in the 3 months of the year. Over the past six months meanwhile, it has gained 39.87% and gained 19.75% year-on date.
The market cap for WKEY stock reached $126.50 million, with 7.83 million shares outstanding. Compared to the average trading volume of 5.16M shares, WKEY reached a trading volume of 1350245 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about WISeKey International Holding AG [WKEY]:
The Average True Range (ATR) for WISeKey International Holding AG is set at 0.66, with the Price to Sales ratio for WKEY stock in the period of the last 12 months amounting to 6.95. The Price to Book ratio for the last quarter was 3.51, with the Price to Cash per share for the same quarter was set at 1.03.
WKEY stock trade performance evaluation
WISeKey International Holding AG [WKEY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 15.35. With this latest performance, WKEY shares dropped by -2.19% in over the last four-week period, additionally plugging by 39.87% over the last 6 months – not to mention a rise of 86.71% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WKEY stock in for the last two-week period is set at 53.02, with the RSI for the last a single of trading hit 61.42, and the three-weeks RSI is set at 50.14 for WISeKey International Holding AG [WKEY]. The present Moving Average for the last 50 days of trading for this stock 9.86, while it was recorded at 7.94 for the last single week of trading, and 7.71 for the last 200 days.
WISeKey International Holding AG [WKEY]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and WISeKey International Holding AG [WKEY] shares currently have an operating margin of -125.69 and a Gross Margin at +31.19. WISeKey International Holding AG’s Net Margin is presently recorded at -193.92.
Return on Total Capital for WKEY is now -59.81, given the latest momentum, and Return on Invested Capital for the company is -123.40. Return on Equity for this stock declined to -150.73, with Return on Assets sitting at -56.59. When it comes to the capital structure of this company, WISeKey International Holding AG [WKEY] has a Total Debt to Total Equity ratio set at 103.79. Additionally, WKEY Total Debt to Total Capital is recorded at 50.93, with Total Debt to Total Assets ending up at 31.93. Long-Term Debt to Equity for the company is recorded at 38.87, with the Long-Term Debt to Total Capital now at 19.08.
Reflecting on the efficiency of the workforce at the company, WISeKey International Holding AG [WKEY] managed to generate an average of -$332,096 per employee. Receivables Turnover for the company is 3.33 with a Total Asset Turnover recorded at a value of 0.29.WISeKey International Holding AG’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.30.
WISeKey International Holding AG [WKEY]: Insider Ownership positions
Positions in WISeKey International Holding AG stocks held by institutional investors increased at the end of June and at the time of the June reporting period, where 10 institutional holders increased their position in WISeKey International Holding AG [NASDAQ:WKEY] by around 118,662 shares. Additionally, 2 investors decreased positions by around 29,541 shares, while 1 investors held positions by with 9,160 shares. The mentioned changes placed institutional holdings at 139,043 shares, according to the latest SEC report filing. WKEY stock had 7 new institutional investments in for a total of 106,897 shares, while 2 institutional investors sold positions of 29,541 shares during the same period.