WISeKey International Holding Ltd ADR (NASDAQ: WKEY) Is Down -21.36% – Is It A Buying Opportunity?

WISeKey International Holding Ltd ADR (NASDAQ:WKEY) traded at $6.86 at last check on current trade day and made a downward move of -21.36% on its previous day’s price.

Looking at the stock we see that its previous close was $8.73 and the beta (5Y monthly) reads 1.853 with the day’s price range being $5.86 – $7.8985. In terms of its 52-week price range, WKEY has a high of $14.00 and a low of $1.61. The company’s stock has gained about 233.25% over that past 30 days.

WISeKey International Holding Ltd ADR has a market cap of $11.33 million and is expected to release its quarterly earnings report in February.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 2.55M, with a low of 2.55M and a high of 2.55M. The median projection represents growth adding up to -62.22% compared to sales growth for the corresponding quarter a year ago.

On the other hand, looking at the outlook for the WKEY stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 100% Buy.

Looking further, we note the current price level is -18.14% off its SMA20 and 51.09% from its 50-day simple moving average. The RSI (14) is pointing at 48.40 while the volatility over the past week is 23.37% and jumps to 34.93% over the past one month. The beta value is 1.24, while the average true range (ATR) is currently pointing at 2.05. The average price target for the stock over the next 12 months is $4, with the estimates having a low of $4 and a high of $4. These price ends are 41.69% and 41.69% off the today’s price level respectively, although investors could be excited at the prospect of a 41.69% if the WKEY share price touches on the median price of $4.

Coming back to WISeKey International Holding Ltd ADR (NASDAQ:WKEY), we note that the average 3-month trading volume was 2.94 million, while that of the preceding 10-day period stands at 2.24 million. Current shares outstanding are 1.65 million.

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