WidePoint (NYSE:WYY) Earns Sell Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of WidePoint (NYSE:WYY – Get Rating) in a research report issued to clients and investors on Tuesday. The firm set a “sell” rating on the stock.

WidePoint Stock Performance

NYSE:WYY opened at $2.00 on Tuesday. The firm has a 50-day moving average price of $2.03 and a two-hundred day moving average price of $2.30. The firm has a market cap of $17.47 million, a price-to-earnings ratio of -1.15 and a beta of 1.05. WidePoint has a 52 week low of $1.70 and a 52 week high of $4.81.

About WidePoint

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WidePoint Corp. engages in the provision of trusted mobility management (TM2) solutions. It operates through the Carrier Services and Managed Services segments. The Carrier Services segment includes bills for costs incurred to deliver phone, data and satellite and related mobile services for a connected device or end point.