WiSA Technologies Inc (WISA) Stock Up 248.57%: Latest Performance Analysis

Currently, WiSA Technologies Inc [WISA] is trading at $6.10, up 248.57%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The WISA shares have gain 87.40% over the last week, with a monthly amount glided 47.88%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

WiSA Technologies Inc [NASDAQ: WISA] stock has seen the most recent analyst activity on December 14, 2020, when H.C. Wainwright initiated its Buy rating and assigned the stock a price target of $3.50.

This stock has fluctuated between a low of $1.66 and a high of $402.00 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $200 within the next 12 months. WiSA Technologies Inc [NASDAQ: WISA] shares were valued at $6.10 at the most recent close of the market. An investor can expect a potential return of 3178.69% based on the average WISA price forecast.

Analyzing the WISA fundamentals

Trailing Twelve Months sales for WiSA Technologies Inc [NASDAQ:WISA] were 2.08M which represents -54.15% decline. Gross Profit Margin for this corporation currently stands at -1.66% with Operating Profit Margin at -10.3%, Pretax Profit Margin comes in at -8.99%, and Net Profit Margin reading is -6.99%. To continue investigating profitability, this company’s Return on Assets is posted at -3.02, Equity is -6.07 and Total Capital is -18.09.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. However, for the 1st resistance point, the stock is sitting at 8.9900, and for the 2nd resistance point, it is at 11.8800.

Ratios To Look Out For

To put it in perspective, the Current Ratio for WiSA Technologies Inc [NASDAQ:WISA] is 1.12. Also, the Quick Ratio is 0.37, while the Cash Ratio stands at 0.11. Considering the valuation of this stock, the price to sales ratio is 4.90.

Transactions by insiders

Recent insider trading involved MOYER BRETT,, that happened on Dec 18 ’23 when 80.0 shares were sold., WILLIAMS GARY completed a deal on Dec 18 ’23 to sell 16.0 shares. Meanwhile, MOYER BRETT sold 6159.0 shares on Nov 28 ’23.

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