Widepoint C Stock Price on May 2, 2024

WYY Stock  USD 5.57  0.03  0.54%   
Below is the normalized historical share price chart for Widepoint C extending back to July 24, 1995. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Widepoint stands at 5.57, as last reported on the 14th of December 2024, with the highest price reaching 5.68 and the lowest price hitting 5.30 during the day.
IPO Date
19th of May 1998
200 Day MA
3.1395
50 Day MA
3.5788
Beta
1.652
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Widepoint Stock, it is important to understand the factors that can impact its price. Widepoint appears to be moderately volatile, given 3 months investment horizon. Widepoint C shows Sharpe Ratio of 0.17, which attests that the company had a 0.17% return per unit of risk over the last 3 months. By examining Widepoint's technical indicators, you can evaluate if the expected return of 0.88% is justified by implied risk. Please utilize Widepoint's Market Risk Adjusted Performance of 0.5637, mean deviation of 3.6, and Downside Deviation of 4.37 to validate if our risk estimates are consistent with your expectations.
  
Total Stockholder Equity is likely to rise to about 19.7 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 6 M in 2024. . At this time, Widepoint's Price Earnings To Growth Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to rise to 34.40 in 2024, whereas Price To Sales Ratio is likely to drop 0.18 in 2024. Widepoint Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1699

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Estimated Market Risk

 5.17
  actual daily
46
54% of assets are more volatile

Expected Return

 0.88
  actual daily
17
83% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Widepoint is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Widepoint by adding it to a well-diversified portfolio.
Price Book
3.9637
Enterprise Value Ebitda
56.152
Price Sales
0.4394
Shares Float
6.9 M
Wall Street Target Price
6.5

Related Headline

Fidelity National Headline on 2nd of May 2024

Filed transaction by Fidelity National Information Officer: Chief Technology Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Widepoint Valuation on May 2, 2024

It is possible to determine the worth of Widepoint on a given historical date. On May 2, 2024 Widepoint was worth 2.05 at the beginning of the trading date compared to the closed value of 2.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Widepoint stock. Still, in general, we apply an absolute valuation method to find Widepoint's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Widepoint where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Widepoint's related companies.
 Open High Low Close Volume
  1.96    2.04    1.96    2.01    9,832  
05/02/2024
  2.05    2.10    2.04    2.08    21,175  
  2.11    2.21    2.05    2.05    42,474  
Backtest Widepoint  |  Widepoint History  |  Widepoint Valuation PreviousNext  
Open Value
2.05
2.08
Closing Value
17.55
Upside

Widepoint Trading Date Momentum on May 2, 2024

On May 03 2024 Widepoint C was traded for  2.05  at the closing time. Highest Widepoint's price during the trading hours was 2.21  and the lowest price during the day was  2.05 . The net volume was 42.5 K. The overall trading history on the 3rd of May contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.44% . The trading price change to current price is 22.60% .
JavaScript chart by amCharts 3.21.1505/02/2024Apr 22Apr 24Apr 26Apr 28Apr 30MayMay 04May 06May 08May 102.02.12.22.32.42.52.6

Widepoint C Fundamentals Correlations and Trends

By evaluating Widepoint's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Widepoint's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Widepoint financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Widepoint Stock history

Widepoint investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Widepoint is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Widepoint C will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Widepoint stock prices may prove useful in developing a viable investing in Widepoint
Last ReportedProjected for Next Year
Common Stock Shares Outstanding8.8 MM
Net Loss-21.2 M-20.2 M

Widepoint Quarterly Net Working Capital

2.64 Million

Widepoint Stock Technical Analysis

Widepoint technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Widepoint technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Widepoint trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Widepoint Period Price Range

Low
December 14, 2024
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High

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Widepoint C cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Widepoint December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Widepoint stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Widepoint shares will generate the highest return on investment. By undertsting and applying Widepoint stock market strength indicators, traders can identify Widepoint C entry and exit signals to maximize returns

Widepoint Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Widepoint's price direction in advance. Along with the technical and fundamental analysis of Widepoint Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Widepoint to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Widepoint Stock Analysis

When running Widepoint's price analysis, check to measure Widepoint's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Widepoint is operating at the current time. Most of Widepoint's value examination focuses on studying past and present price action to predict the probability of Widepoint's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Widepoint's price. Additionally, you may evaluate how the addition of Widepoint to your portfolios can decrease your overall portfolio volatility.