WISeKey International Holding Ltd ADR (NASDAQ:WKEY) price on Thursday, December 26, rose 31.31% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $13.00.
A look at the stock’s price movement, the close in the last trading session was $9.90, moving within a range at $9.02 and $13.23. The beta value (5-Year monthly) was 1.853. Turning to its 52-week performance, $14.00 and $1.58 were the 52-week high and 52-week low respectively. Overall, WKEY moved 443.93% over the past month.
WISeKey International Holding Ltd ADR’s market cap currently stands at around $21.45 million, with investors looking forward to this quarter’s earnings report slated for in January.
Turning to the stock’s technical picture we see that short term indicators suggest on average that WKEY is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
WKEY’s current price about 143.40% and 289.79% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 73.98, while 7-day volatility ratio is 37.07% and 29.48% in the 30-day chart. Further, WISeKey International Holding Ltd ADR (WKEY) has a beta value of 1.78, and an average true range (ATR) of 1.86. Analysts have given the company’s stock an average 52-week price target of $4, forecast between a low of $4 and high of $4. Looking at the price targets, the low is 69.23% off current price level while to achieve the yearly target high, price needs to move 69.23%. Nonetheless, investors will most likely welcome a 69.23% jump to $4 which is the analysts’ median price.
If we refocus on WISeKey International Holding Ltd ADR (NASDAQ:WKEY), historical trading data shows that trading volumes averaged 16.81 over the past 10 days and 2.67 million over the past 3 months. The company’s latest data on shares outstanding shows there are 1.65 million shares.
Also important is the data on short interest which shows that short shares stood at 62440.0 on 2024-11-29, giving us a short ratio of 1.06. Current price change has pushed the stock 642.81% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the WKEY stock continues to rise going into the next quarter.
