WISeKey International (WKEY) to Release Earnings on Tuesday

Key Points

• WISeKey International (NASDAQ:WKEY) is set to release its earnings on September 30th, with analysts predicting a loss of ($1.42) per share and revenue of $5.20 million for the quarter.
• Recent stock performance shows WISeKey trading at $5.95, with a 52-week low of $1.61 and a high of $14.00.
• Wall Street analysts have upgraded WISeKey's stock from a "sell" to a "hold" rating, and the stock currently has an average rating of "Buy" with a consensus price target of $4.00.

WISeKey International (NASDAQ:WKEY - Get Free Report) is expected to release its results before the market opens on Tuesday, September 30th. Analysts expect WISeKey International to post earnings of ($1.42) per share and revenue of $5.20 million for the quarter.

WISeKey International Stock Performance

WISeKey International stock opened at $5.95 on Thursday. WISeKey International has a fifty-two week low of $1.61 and a fifty-two week high of $14.00. The firm's 50-day simple moving average is $5.64 and its 200 day simple moving average is $5.38.

Institutional Investors Weigh In On WISeKey International

An institutional investor recently bought a new position in WISeKey International stock. XTX Topco Ltd bought a new position in shares of WISeKey International Holding Ltd. Sponsored ADR (NASDAQ:WKEY - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 12,303 shares of the company's stock, valued at approximately $81,000. XTX Topco Ltd owned approximately 0.15% of WISeKey International at the end of the most recent reporting period. Institutional investors own 0.33% of the company's stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of WISeKey International from a "sell" rating to a "hold" rating in a research report on Saturday, September 20th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $4.00.

WISeKey International Company Profile

WISeKey International Holding AG, a cybersecurity company, provides integrated security solutions in Switzerland, rest of Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. The company operates in two segments, IoT and Managed Public Key Infrastructure (mPKI). It offers microcontrollers that provides identity to various connected devices; and mPKI, which include digital identity, certificate management and signing solutions, and trust services, as well as offers digital certificates; software as a service, including cloud-based certificate life-cycle-management and signing and authentication solutions; software licenses; post-contract customer support for cybersecurity applications; and infrastructure hosting and monitoring services.

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