WiSA Technologies Inc [NASDAQ: WISA] stock went on an upward path that rose over 14.04% on Wednesday, amounting to a one-week price decrease of less than 0.00%.
Over the last 12 months, WISA stock dropped by -89.08%. The one-year WiSA Technologies Inc stock forecast points to a potential upside of 88.18. The average equity rating for WISA stock is currently 2.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $67.65 million, with 52.03 million shares outstanding and 35.34 million shares in the current float. Compared to the average trading volume of 982.54K shares, WISA stock reached a trading volume of 37985575 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on WiSA Technologies Inc [WISA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WISA shares is $11.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WISA stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
H.C. Wainwright have made an estimate for WiSA Technologies Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 14, 2020.
The Average True Range (ATR) for WiSA Technologies Inc is set at 0.17, with the Price to Sales ratio for WISA stock in the period of the last 12 months amounting to 30.89. The Price to Book ratio for the last quarter was 2.35, with the Price to Cash per share for the same quarter was set at 0.08.
WISA Stock Performance Analysis:
WiSA Technologies Inc [WISA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by 0.00. With this latest performance, WISA shares dropped by -22.62% in over the last four-week period, additionally sinking by -23.53% over the last 6 months – not to mention a drop of -89.08% 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 WISA stock in for the last two-week period is set at 42.28, with the RSI for the last a single of trading hit 45.23, and the three-weeks RSI is set at 42.28 for WiSA Technologies Inc [WISA]. The present Moving Average for the last 50 days of trading for this stock 1.6460, while it was recorded at 1.2260 for the last single week of trading, and 2.1277 for the last 200 days.
Insight into WiSA Technologies Inc Fundamentals:
WiSA Technologies Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.66 and a Current Ratio set at 2.26.
WISA Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for WISA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for WiSA Technologies Inc go to 92.04%.
WiSA Technologies Inc [WISA] Institutonal Ownership Details
There are presently around $5.72%, or 7.21%% of WISA stock, in the hands of institutional investors.
