KWESST Micro Systems Inc. (NASDAQ:KWE - Get Free Report) dropped 17% during trading on Tuesday . The stock traded as low as $4.56 and last traded at $5.29. Approximately 1,268,982 shares changed hands during trading, an increase of 766% from the average daily volume of 146,473 shares. The stock had previously closed at $6.37.
KWESST Micro Systems Trading Up 4.1 %
The business has a 50-day moving average price of $5.73 and a two-hundred day moving average price of $11.38.
KWESST Micro Systems (NASDAQ:KWE - Get Free Report) last released its quarterly earnings data on Friday, February 14th. The company reported ($17.01) earnings per share for the quarter. KWESST Micro Systems had a negative net margin of 464.74% and a negative return on equity of 412.57%. The business had revenue of $0.63 million during the quarter.
Institutional Trading of KWESST Micro Systems
An institutional investor recently bought a new position in KWESST Micro Systems stock. Virtu Financial LLC acquired a new stake in shares of KWESST Micro Systems Inc. (NASDAQ:KWE - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 70,744 shares of the company's stock, valued at approximately $50,000. Virtu Financial LLC owned approximately 2.35% of KWESST Micro Systems at the end of the most recent quarter. Institutional investors own 21.39% of the company's stock.
About KWESST Micro Systems
(
Get Free Report)
KWESST Micro Systems Inc engages in the development and commercialization of tactical systems and ammunitions for military, public safety agencies, and personal defense markets. It provides non-lethal products, including PARA OPS devices and ARWEN products. The company was incorporated in 2017 and is headquartered in Ottawa, Canada.
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