WidePoint (NYSE:WYY) Now Covered by StockNews.com

StockNews.com began coverage on shares of WidePoint (NYSE:WYY – Get Rating) in a research note issued to investors on Monday. The brokerage set a “sell” rating on the stock.

WYY opened at $2.80 on Monday. WidePoint has a fifty-two week low of $2.45 and a fifty-two week high of $7.94. The business’s fifty day simple moving average is $3.25. The firm has a market capitalization of $24.35 million, a P/E ratio of -46.67 and a beta of 0.90.

WidePoint (NYSE:WYY – Get Rating) last issued its quarterly earnings data on Monday, March 28th. The company reported ($0.06) earnings per share (EPS) for the quarter. The company had revenue of $24.45 million for the quarter. WidePoint had a negative net margin of 0.72% and a negative return on equity of 1.52%.

WidePoint Company Profile (Get Rating)

WidePoint Corporation provides technology management as a service (TMaaS) to the government and business enterprises in North America and Europe. It offers TMaaS solutions through a federal government certified proprietary portal to manage, analyze, and protect communications assets, as well as deploy identity management solutions that provide secured virtual and physical access to restricted environments.

Further Reading

• Get a free copy of the StockNews.com research report on WidePoint (WYY)
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