WISeKey International Holding Ltd ADR (NASDAQ:WKEY) does about 2.77M shares in volume on a normal day but saw 3250831 shares change hands in the recent trading day. The company now has a market cap of 18.66M USD. Its current market price is $11.31, marking a decrease of -13.00% compared to the previous close of $13.00. The 52 week high reached by this stock is $14.00 whilst the lowest price level in 52 weeks is $1.61. The script in recent trading has seen the stock touch a high of $4 and a low of $4.
WISeKey International Holding Ltd ADR (WKEY) has a 20-day trading average at $5.80 and the current price is -19.21% off the 52-week high compared with 602.48% distance from its 52-week low. The 50-day simple moving average of the closing price is $3.52 and its 200-day simple moving average is $2.51. If we look at the stock’s price movements over the week, volatility stands at 37.55%, which decreases to 30.57% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 66.65 to suggest the stock is neutral.
The consensus objective for the share price is $2.35, suggesting that the stock has a potential downside of -381.28% over the period. The median price target is -182.75% away from the current levels at $4.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 10, 2021 when Maxim Group initiated the stock to “Buy” and issued a price target of $11.
The current price level is 94.90%, 221.54%, and 350.32% away from its SMA20, SMA50, and SMA200 respectively, with the WKEY price moving below the 50-day SMA on current market day. WISeKey International Holding Ltd ADR (WKEY) stock is up 88.50% over the week and 436.02% over the past month. Its price is 546.25% year-to-date and 577.25% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at -1.56 and -6.95 for whole year. Expected sales for next quarter are $3.4M, which analysts say will come at $14.03M for the current fiscal year and next year at $25.2M. In addition, estimates put the company’s current quarterly revenue at an average of $2.55M.
Its 12-month price target is $4. To reach the target analysts have set, the stock logically needs to shrink -381.28 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $4, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $4.
Outstanding shares total 1.65M with insiders holding 0.00% of the shares and institutional holders owning 0.89% of the company’s common stock. The company has a return on investment of -36.05% and return on equity of -58.52%. The beta has a value of 1.67. Price to book ratio is 0.75 and price to sales ratio is 0.90.
