Wireless Telecom Group Inc. [WTT] shares are up more than 10.20% this year and recently increased 0.09% or $0.14 to settle at $1.62. WTT has a short ratio of 0.49. This implies that the market is currently less bullish on the outlook for WTT.
On 13, November 2020, WIRELESS TELECOM GROUP ANNOUNCES THIRD QUARTER 2020 FINANCIAL RESULTS. According to news published on Yahoo Finance, Highlights for the quarter ended September 30, 2020:.
Analyst Birdseye View:
Before that, on October 01, 2020, B. Riley FBR Recapitulated a Buy rating and elevated its amount target to $2.50.
In the past 52 weeks of trading, this stock has oscillated between a low of $0.71 and a peak of $1.69. Right now, according to Wall Street analyst the average 12-month amount target is $2.50. At the most recent market close, shares of Wireless Telecom Group Inc. [AMEX:WTT] were valued at $1.62. According to the average price forecast, investors can expect a potential return of 0.0%.
Wireless Telecom Group Inc. [AMEX:WTT] most recently reported quarterly sales of 10.87 billion, which represented growth of 0.90%. This publicly-traded organization’s revenue is $317,669 per employee, while its income is -$2,688 per employee. This company’s Gross Margin is currently 47.80%, its Pretax Margin is -3.65, and its Net Margin is -0.85. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -0.96, -1.28, -4.18 and -1.26 respectively.
If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 11.27 and the whole liability to whole assets at 9.81. It shows enduring liability to the whole principal at 2.76 and enduring liability to assets at 0.02 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 1.5133 points at 1st support level, the second support level is making up to 1.4067. But as of 1st resistance point, this stock is sitting at 1.6733 and at 1.7267 for 2nd resistance point.
Wireless Telecom Group Inc. [WTT] reported its earnings at -$0.04 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.02/share signifying the difference of -0.02 and -100.00% surprise value.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for Wireless Telecom Group Inc. [AMEX:WTT] is 1.90. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.53. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.62 and it’s amount to book ratio is 0.93.
The most recent insider trade was by Whelan Timothy, Chief Executive Officer, and it was the purchase of 3000.0 shares on May 19. Whelan Timothy, the Chief Executive Officer, completed a purchase of 4000.0 shares on May 18. On May 15, Whelan Timothy, Chief Executive Officer, completed a purchase of 8000.0 shares.