StockNews.com assumed coverage on shares of WidePoint (NYSEAMERICAN:WYY – Free Report) in a research note released on Wednesday. The brokerage issued a sell rating on the technology company’s stock.
WidePoint Price Performance
Shares of WYY opened at $2.00 on Wednesday. The company has a 50 day simple moving average of $1.85. WidePoint has a 52-week low of $1.60 and a 52-week high of $3.49.
WidePoint (NYSEAMERICAN:WYY – Get Free Report) last announced its quarterly earnings results on Tuesday, March 26th. The technology company reported ($0.15) earnings per share (EPS) for the quarter. The business had revenue of $28.26 million during the quarter. WidePoint had a negative net margin of 3.82% and a negative return on equity of 25.50%.
Institutional Investors Weigh In On WidePoint
WidePoint Company Profile
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 secure federal government certified proprietary portal and secure enterprise portal that provides ability to manage, analyze, and protect communications assets, as well as deploys identity management solutions that provides secured virtual and physical access to restricted environments.
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