Waton Financial (NASDAQ:WTF) Trading 1.4% Higher - Still a Buy?

Key Points

• Waton Financial's shares rose 1.4% on Monday, trading between $5.53 and $5.85, although the trading volume was down by 4% compared to its average session.
• Weiss Ratings has assigned a "sell (e-)" rating to Waton Financial, contributing to an overall average rating of "Sell" from analysts.
• The company operates as a holding firm providing securities brokerage and financial technology services, including software licensing to financial institutions.

Shares of Waton Financial Limited (NASDAQ:WTF - Get Free Report) traded up 1.4% on Monday . The company traded as high as $5.85 and last traded at $5.61. 168,176 shares changed hands during mid-day trading, a decline of 4% from the average session volume of 175,642 shares. The stock had previously closed at $5.53.

Analyst Ratings Changes

Separately, Weiss Ratings restated a "sell (e-)" rating on shares of Waton Financial in a report on Saturday, September 27th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Waton Financial currently has an average rating of "Sell".

Waton Financial Trading Up 1.4%

The business has a 50 day moving average of $5.43.

Waton Financial Company Profile

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.

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