Waton Financial (NASDAQ:WTF) Shares Down 5.1% – What’s Next?

Shares of Waton Financial Limited (NASDAQ:WTF) fell 5.1% on Friday . The company traded as low as $2.90 and last traded at $2.98. 75,316 shares traded hands during trading, an increase of 295% from the average session volume of 19,071 shares. The stock had previously closed at $3.14.

Waton Financial Trading Down 5.1%

The firm has a fifty day simple moving average of $3.82 and a 200-day simple moving average of $4.44.

Waton Financial (NASDAQ:WTF) last released its quarterly earnings data on Wednesday, January 28th. The company reported ($0.08) EPS for the quarter. The business had revenue of $3.05 million for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Waton Financial stock. Boothbay Fund Management LLC acquired a new position in shares of Waton Financial Limited (NASDAQ:WTF) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 88,713 shares of the company’s stock, valued at approximately $293,000. Boothbay Fund Management LLC owned about 0.19% of Waton Financial as of its most recent SEC filing.

About Waton Financial

Waton Financial Ltd. is a holding company, which engages in the provision of securities brokerage and financial technology services. It is also involved in software licensing and related support services including the licensing of trading platform app, upgrades and enhancements, maintenance, and other related services to financial institutions. The company was founded on June 25, 2010 and is headquartered in Hong Kong.