The outlook and analysis of WiSA Technologies Inc (WISA)’s stock

WiSA Technologies Inc [WISA] stock prices are up 15.98% to $1.96 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The WISA shares have gain 6.52% over the last week, with a monthly amount glided 14.62%, 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.

The stock price of WiSA Technologies Inc [WISA] has been fluctuating between $1.15 and $96.69 over the past year. Currently, Wall Street analysts expect the stock to reach $200 within the next 12 months. WiSA Technologies Inc [NASDAQ: WISA] shares were valued at $1.96 at the most recent close of the market. An investor can expect a potential return of 10104.08% based on the average WISA price forecast.

Analyzing the WISA fundamentals

The WiSA Technologies Inc [NASDAQ:WISA] reported sales of 1.79M for trailing twelve months, representing a drop of -18.82%. Gross Profit Margin for this corporation currently stands at -1.16% with Operating Profit Margin at -11.47%, Pretax Profit Margin comes in at -29.31%, and Net Profit Margin reading is -29.31%. To continue investigating profitability, this company’s Return on Assets is posted at -4.93, Equity is 794.42 and Total Capital is -2.91. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.7400 points at the first support level, and at 1.5200 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.1000, and for the 2nd resistance point, it is at 2.2400.

Ratios To Look Out For

It’s worth pointing out that WiSA Technologies Inc [NASDAQ:WISA]’s Current Ratio is 2.79. Further, the Quick Ratio stands at 2.14, while the Cash Ratio is 1.71. Considering the valuation of this stock, the price to sales ratio is 6.15, the price to book ratio is 1.50.

Transactions by insiders

Recent insider trading involved MOYER BRETT, that happened on Sep 23 ’24 when 2220.0 shares were sold., WILLIAMS GARY completed a deal on Sep 23 ’24 to sell 832.0 shares. Meanwhile, WILLIAMS GARY sold 16.0 shares on Dec 18 ’23.

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