28-Mar-2024
WidePoint GAAP EPS of -$0.15, revenue of $28.3M
Seeking Alpha News (Tue, 26-Mar 4:27 PM ET)
WidePoint Reports Fourth Quarter and Full Year 2023 Financial Results
ACCESSWIRE (Tue, 26-Mar 4:06 PM ET)
Earnings week ahead: Walgreens Boots Alliance, Carnival, GameStop and more
Seeking Alpha News (Sun, 24-Mar 8:01 AM ET)
ACCESSWIRE (Tue, 12-Mar 9:02 AM ET)
WidePoint Shares Strong 2023 Preliminary Results and Announces Strategic Priorities for 2024
ACCESSWIRE (Tue, 13-Feb 9:32 AM ET)
ACCESSWIRE (Mon, 5-Feb 9:32 AM ET)
WidePoint Corp is a provider of Technology Management as a Service (TMaaS) that consists of federally certified communications management, identity management, interactive bill presentment and analytics, and Information Technology as a Service solution. Its solutions include Telecom Lifecycle Management, Digital billing communications solutions, and Mobile and Identity management. Geographic regions are North America and Europe, and the majority of the revenue comes from North America.
Widepoint trades on the AMEX stock market under the symbol WYY.
As of March 28, 2024, WYY stock price climbed to $2.59 with 71,761 million shares trading.
WYY has a beta of 0.48, meaning it tends to be less sensitive to market movements. WYY has a correlation of 0.02 to the broad based SPY ETF.
WYY has a market cap of $22.91 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, WYY stock traded as high as $9.93 and as low as $1.60.
The top ETF exchange traded funds that WYY belongs to (by Net Assets): VTI, VXF, BSVO, DFUS, DFAC.
WYY has outperformed the market in the last year with a return of +40.8%, while the SPY ETF gained +33.6%. In the last 3 month period, WYY beat the market returning +18.3%, while SPY returned +10.1%. However, in the most recent 2 weeks WYY has underperformed the stock market by returning -3.7%, while SPY returned +1.7%.
WYY support price is $2.45 and resistance is $2.66 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WYY stock will trade within this expected range on the day.