WISeKey International Holding AG (NASDAQ:WKEY - Get Free Report) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 373,300 shares, an increase of 498.2% from the November 30th total of 62,400 shares. Based on an average trading volume of 2,620,000 shares, the short-interest ratio is presently 0.1 days.
WISeKey International Trading Up 31.3 %
Shares of WKEY stock traded up $3.10 during trading hours on Thursday, reaching $13.00. The stock had a trading volume of 3,689,212 shares, compared to its average volume of 751,996. The firm has a 50-day simple moving average of $3.49 and a 200-day simple moving average of $2.64. WISeKey International has a twelve month low of $1.61 and a twelve month high of $14.00. The company has a quick ratio of 1.81, a current ratio of 1.96 and a debt-to-equity ratio of 0.62.
Analyst Ratings Changes
Separately, HC Wainwright restated a "buy" rating and set a $4.00 price objective on shares of WISeKey International in a research report on Thursday, October 3rd.
Read Our Latest Analysis on WKEY
WISeKey International Company Profile
(
Get Free Report)
WISeKey International Holding AG, a cybersecurity company, provides integrated security solutions in Switzerland, rest of Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. The company operates in two segments, IoT and Managed Public Key Infrastructure (mPKI). It offers microcontrollers that provides identity to various connected devices; and mPKI, which include digital identity, certificate management and signing solutions, and trust services, as well as offers digital certificates; software as a service, including cloud-based certificate life-cycle-management and signing and authentication solutions; software licenses; post-contract customer support for cybersecurity applications; and infrastructure hosting and monitoring services.
See Also
Before you consider WISeKey International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and WISeKey International wasn't on the list.
While WISeKey International currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.