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NASDAQ:WISA - Summit Wireless Technologies Stock Price, Forecast & News

$0.66
-0.02 (-2.93 %)
(As of 12/12/2019 03:43 AM ET)
Today's Range
$0.63
Now: $0.66
$0.69
50-Day Range
$0.64
MA: $0.81
$0.98
52-Week Range
$0.65
Now: $0.66
$4.60
Volume216,037 shs
Average Volume50,907 shs
Market Capitalization$16.50 million
P/E RatioN/A
Dividend YieldN/A
Beta-0.09
Summit Wireless Technologies, Inc. develops wireless audio integrated circuits for home entertainment and professional audio markets in the United States, Europe, and the Asia Pacific. The company offers TX modules for TVs, AV receivers, media hubs, and small dongles that connect through USB or HDMI ports; and speaker systems. The company has a strategic partnership with THX Ltd. to develop wireless sound technology for gaming, Esports, and home entertainment. The company was formerly known as Summit Semiconductor, Inc. and changed its name to Summit Wireless Technologies, Inc. in September 2018. Summit Semiconductor, Inc. was founded in 2010 and is headquartered in San Jose, California.

Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:WISA
CUSIPN/A
CIKN/A
Phone408-627-4716

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.37 million
Book Value$0.25 per share

Profitability

Net Income$-67,360,000.00
Net Margins-694.31%

Miscellaneous

Employees38
Market Cap$16.50 million
Next Earnings Date3/26/2020 (Estimated)
OptionableNot Optionable

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Summit Wireless Technologies (NASDAQ:WISA) Frequently Asked Questions

What is Summit Wireless Technologies' stock symbol?

Summit Wireless Technologies trades on the NASDAQ under the ticker symbol "WISA."

How were Summit Wireless Technologies' earnings last quarter?

Summit Wireless Technologies Inc (NASDAQ:WISA) posted its quarterly earnings data on Thursday, November, 14th. The company reported ($0.14) EPS for the quarter, missing the Zacks' consensus estimate of ($0.13) by $0.01. The company had revenue of $0.42 million for the quarter. Summit Wireless Technologies had a negative return on equity of 462.87% and a negative net margin of 694.31%. View Summit Wireless Technologies' Earnings History.

When is Summit Wireless Technologies' next earnings date?

Summit Wireless Technologies is scheduled to release their next quarterly earnings announcement on Thursday, March 26th 2020. View Earnings Estimates for Summit Wireless Technologies.

What price target have analysts set for WISA?

1 analysts have issued 1-year price objectives for Summit Wireless Technologies' stock. Their forecasts range from $3.00 to $3.00. On average, they anticipate Summit Wireless Technologies' share price to reach $3.00 in the next year. This suggests a possible upside of 352.1% from the stock's current price. View Analyst Price Targets for Summit Wireless Technologies.

What is the consensus analysts' recommendation for Summit Wireless Technologies?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Summit Wireless Technologies in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Summit Wireless Technologies.

Has Summit Wireless Technologies been receiving favorable news coverage?

News coverage about WISA stock has been trending negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Summit Wireless Technologies earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Summit Wireless Technologies.

Are investors shorting Summit Wireless Technologies?

Summit Wireless Technologies saw a increase in short interest in the month of November. As of November 15th, there was short interest totalling 134,600 shares, an increase of 5.1% from the October 31st total of 128,100 shares. Based on an average daily trading volume, of 54,700 shares, the short-interest ratio is currently 2.5 days. Approximately 1.5% of the shares of the stock are short sold. View Summit Wireless Technologies' Current Options Chain.

Who are some of Summit Wireless Technologies' key competitors?

What other stocks do shareholders of Summit Wireless Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Summit Wireless Technologies investors own include Hikma Pharmaceuticals (HIK), Cummins (CMI), Hikma Pharmaceuticals (HKMPF), Nexoptic Technology (NXO), Intesa Sanpaolo (ISP), Amgen (AMGN), American Finance Trust (AFIN), Comcast (CMCSA), Computer Task Group (CTG) and Epizyme (EPZM).

Who are Summit Wireless Technologies' key executives?

Summit Wireless Technologies' management team includes the folowing people:
  • Mr. Brett A. Moyer, Pres, CEO & Chairman (Age 61)
  • Mr. Gary L. Williams, CFO, Sec. & VP of Fin. (Age 52)
  • Mr. Ed Green, VP of Operations
  • Scott Taylor, VP of Marketing
  • Mr. James Cheng, VP of Worldwide Sales

How do I buy shares of Summit Wireless Technologies?

Shares of WISA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Summit Wireless Technologies' stock price today?

One share of WISA stock can currently be purchased for approximately $0.66.

How big of a company is Summit Wireless Technologies?

Summit Wireless Technologies has a market capitalization of $16.50 million and generates $1.37 million in revenue each year. Summit Wireless Technologies employs 38 workers across the globe.View Additional Information About Summit Wireless Technologies.

What is Summit Wireless Technologies' official website?

The official website for Summit Wireless Technologies is http://www.summitwireless.com/.

How can I contact Summit Wireless Technologies?

Summit Wireless Technologies' mailing address is 6840 VIA DEL ORO STUITE 280, SAN JOSE CA, 95119. The company can be reached via phone at 408-627-4716 or via email at [email protected]


MarketBeat Community Rating for Summit Wireless Technologies (NASDAQ WISA)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  84 (Vote Outperform)
Underperform Votes:  120 (Vote Underperform)
Total Votes:  204
MarketBeat's community ratings are surveys of what our community members think about Summit Wireless Technologies and other stocks. Vote "Outperform" if you believe WISA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WISA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/12/2019 by MarketBeat.com Staff

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