WISeKey International Holding AG (NASDAQ:WKEY – Get Rating) was the target of a large growth in short interest in April. As of April 30th, there was short interest totalling 167,300 shares, a growth of 44.3% from the April 15th total of 115,900 shares. Based on an average daily volume of 355,000 shares, the days-to-cover ratio is currently 0.5 days.
NASDAQ:WKEY opened at $1.47 on Friday. The company has a quick ratio of 1.61, a current ratio of 1.72 and a debt-to-equity ratio of 0.29. The stock’s fifty day moving average price is $2.24 and its two-hundred day moving average price is $3.53. WISeKey International has a 52-week low of $1.33 and a 52-week high of $9.37.
A number of research firms have recently issued reports on WKEY. Zacks Investment Research upgraded shares of WISeKey International from a “hold” rating to a “buy” rating and set a $2.00 target price for the company in a research note on Friday, May 6th. HC Wainwright reduced their price objective on WISeKey International from $11.00 to $4.00 in a research note on Monday, May 2nd.
About WISeKey International (Get Rating)
WISeKey International Holding AG, a cybersecurity company, provides integrated security solutions for the Internet of Things (IoT) and digital identity ecosystems in Switzerland, rest of Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. The company operates through two segments, IoT and mPKI.
- Get a free copy of the StockNews.com research report on WISeKey International (WKEY)
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