NASDAQ:WSTL - Westell Technologies Stock Price, Forecast & News

Westell Technologies trades on the NASDAQ under the ticker symbol "WSTL."

Westell Technologies shares reverse split on the morning of Thursday, June 8th 2017. The 1-4 reverse split was announced on Wednesday, May 31st 2017. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, June 7th 2017. An investor that had 100 shares of Westell Technologies stock prior to the reverse split would have 25 shares after the split.

Westell Technologies Inc. (NASDAQ:WSTL) released its quarterly earnings results on Thursday, November, 1st. The communications equipment provider reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.05 by $0.08. The communications equipment provider earned $10.11 million during the quarter, compared to the consensus estimate of $13.78 million. Westell Technologies had a negative net margin of 45.78% and a negative return on equity of 22.45%. View Westell Technologies' Earnings History.

Westell Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, June 3rd 2020. View Earnings Estimates for Westell Technologies.

News stories about WSTL stock have trended somewhat negative recently, according to InfoTrie. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Westell Technologies earned a daily sentiment score of -1.0 on InfoTrie's scale. They also gave press coverage about the communications equipment provider a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the company's share price in the near term. View News Stories for Westell Technologies.

Westell Technologies saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 10,800 shares, a drop of 44.0% from the January 15th total of 19,300 shares. Based on an average daily volume of 40,800 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are sold short. View Westell Technologies' Current Options Chain.

Some companies that are related to Westell Technologies include Cisco Systems (CSCO), QUALCOMM (QCOM), Motorola Solutions (MSI), Palo Alto Networks (PANW), F5 Networks (FFIV), Juniper Networks (JNPR), Ciena (CIEN), Echostar (SATS), ViaSat (VSAT), Finisar (FNSR), InterDigital Wireless (IDCC), Infinera (INFN), Comtech Telecomm. (CMTL), Extreme Networks (EXTR) and NetGear (NTGR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Westell Technologies investors own include Ford Motor (F), NovaBay Pharmaceuticals (NBY), Inpixon (INPX), Avid Bioservices (CDMO), Ceragon Networks (CRNT), LightPath Technologies (LPTH), Sierra Oncology (SRRA), STRATA Skin Sciences (SSKN), Athersys (ATHX) and Biocept (BIOC).

Westell Technologies' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (6.07%) and Acadian Asset Management LLC (0.52%). Company insiders that own Westell Technologies stock include Kirk R Brannock, Scott C Chandler and Timothy L Duitsman. View Institutional Ownership Trends for Westell Technologies.

WSTL stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC. View Insider Buying and Selling for Westell Technologies.

WSTL stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC. Company insiders that have bought Westell Technologies stock in the last two years include Kirk R Brannock, Scott C Chandler and Timothy L Duitsman. View Insider Buying and Selling for Westell Technologies.

Shares of WSTL 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.

One share of WSTL stock can currently be purchased for approximately $0.93.

Westell Technologies has a market capitalization of $14.61 million and generates $43.57 million in revenue each year. Westell Technologies employs 114 workers across the globe.View Additional Information About Westell Technologies.

The official website for Westell Technologies is http://www.westell.com/.

Westell Technologies' mailing address is 750 North Commons Drive, Aurora IL, 60504. The communications equipment provider can be reached via phone at 630-898-2500 or via email at [email protected]