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Why WiSA Technologies Inc (WISA) Stock Could See Much Higher Prices Ahead

WiSA Technologies Inc (NASDAQ: WISA) is -27.32% lower on its value in year-to-date trading and has touched a low of $1.15 and a high of $16.95 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WISA stock was last observed hovering at around $1.56 in the last trading session, with the day’s loss setting it -0.07%.

Currently trading at $1.49, the stock is -22.64% and -18.21% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.72 million and changing -4.49% at the moment leaves the stock -37.85% off its SMA200. WISA registered -90.89% loss for a year compared to 6-month loss of -42.02%. The firm has a 50-day simple moving average (SMA 50) of $1.8218 and a 200-day simple moving average (SMA200) of $2.3909.

The stock witnessed a -14.86% gain in the last 1 month and extending the period to 3 months gives it a -20.32%, and is -20.32% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.75% over the week and 12.98% over the month.

WiSA Technologies Inc (WISA) has around 46 employees, a market worth around $71.99M and $2.19M in sales. Profit margin for the company is -3004.93%. Distance from 52-week low is 29.57% and -91.21% from its 52-week high. The company has generated returns on investments over the last 12 months (-1351.14%).

with sales reaching $700k over the same period.The EPS is expected to grow by 96.79% this year, but quarterly earnings will post 17.62% year-over-year. Quarterly sales are estimated to grow 66.67% in year-over-year returns.

WiSA Technologies Inc (WISA) Top Institutional Holders

13.0 institutions hold shares in WiSA Technologies Inc (WISA), with institutional investors hold 7.21% of the company’s shares. The shares outstanding are 48.31M, and float is at 33.22M with Short Float at 3.75%. Institutions hold 5.72% of the Float.

WiSA Technologies Inc (WISA) Insider Activity

The most recent transaction is an insider sale by MOYER BRETT. SEC filings show that MOYER BRETT sold 6,553 shares of the company’s common stock on Dec 23 ’24 at a price of $1.79 per share for a total of $11698.0. Following the sale, the insider now owns 0.24 million shares.

WiSA Technologies Inc disclosed in a document filed with the SEC on Dec 23 ’24 that Mbugua Stanleysold a total of 2,267 shares of the company’s common stock. The trade occurred on Dec 23 ’24 and was made at $1.79 per share for $4047.0. Following the transaction, the insider now directly holds 67733.0 shares of the WISA stock.

Still, SEC filings show that on Nov 20 ’24, MOYER BRETT disposed off 84 shares at an average price of $1.98 for $166.0. The insider now directly holds 249,764 shares of WiSA Technologies Inc (WISA).

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