WidePoint (NYSE:WYY) Now Covered by StockNews.com

Stock analysts at StockNews.com started coverage on shares of WidePoint (NYSE:WYYGet Rating) in a note issued to investors on Wednesday. The firm set a “sell” rating on the stock.

WYY stock opened at $2.40 on Wednesday. WidePoint has a 1-year low of $2.23 and a 1-year high of $7.94. The company has a market cap of $20.87 million, a price-to-earnings ratio of -40.00 and a beta of 0.90. The firm has a 50 day moving average of $2.94.

WidePoint (NYSE:WYYGet Rating) last released its quarterly earnings results on Monday, May 16th. The company reported ($0.04) EPS for the quarter. The business had revenue of $22.44 million for the quarter. WidePoint had a negative return on equity of 1.52% and a negative net margin of 0.72%.

WidePoint Company Profile (Get Rating)

WidePoint Corporation provides technology management as a service (TMaaS) to the government and business enterprises in North America and Europe. It offers TMaaS solutions through a federal government certified proprietary portal to manage, analyze, and protect communications assets, as well as deploy identity management solutions that provide secured virtual and physical access to restricted environments.

Further Reading

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