Widepoint Corp (AMEX:WYY) price on Thursday, July 03, fall -0.29% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $3.41.
A look at the stock’s price movement, the close in the last trading session was $3.42, moving within a range at $3.31 and $3.46. The beta value (5-Year monthly) was 1.59. Turning to its 52-week performance, $6.25 and $2.19 were the 52-week high and 52-week low respectively. Overall, WYY moved -6.06% over the past month.
Widepoint Corp’s market cap currently stands at around $33.35 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-15.
Turning to the stock’s technical picture we see that short term indicators suggest on average that WYY is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend WYY as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
WYY’s current price about 3.35% and -9.75% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 49.70, while 7-day volatility ratio is 5.44% and 6.66% in the 30-day chart. Further, Widepoint Corp (WYY) has a beta value of 1.63. Analysts have given the company’s stock an average 52-week price target of $7, forecast between a low of $7 and high of $7. Looking at the price targets, the low is -105.28% off current price level while to achieve the yearly target high, price needs to move -105.28%. Nonetheless, investors will most likely welcome a -105.28% jump to $7 which is the analysts’ median price.
If we refocus on Widepoint Corp (AMEX:WYY), historical trading data shows that trading volumes averaged 84750.0 over the past 10 days and 128.02K over the past 3 months. The company’s latest data on shares outstanding shows there are 9.56 million shares.
The 16.70% of Widepoint Corp’s shares are in the hands of company insiders while institutional holders own 13.14% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 59341.0 on 2025-06-13, giving us a short ratio of 0.32. The data shows that as of 2025-06-13 short interest in Widepoint Corp (WYY) stood at 72.000003 of shares outstanding, with shares short falling to 0.15 million registered in 2025-05-15. Current price change has pushed the stock -24.05% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the WYY stock continues to rise going into the next quarter.
