WidePoints subsidiary awarded more than 1.7M in Cisco and Managed IT Services contracts

WYY Stock  USD 4.87  0.43  9.68%   
Slightly above 55% of Widepoint's investors are presently thinking to get in. The analysis of overall sentiment of trading Widepoint C stock suggests that some investors are interested at this time. Widepoint's investing sentiment can be driven by a variety of factors including economic data, Widepoint's earnings reports, geopolitical events, and overall market trends.
  
WidePoints subsidiary IT Authorities awarded 1.7 million in Cisco and Managed IT Services contracts, according to a press release.

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Widepoint Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Widepoint can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Widepoint Fundamental Analysis

We analyze Widepoint's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Widepoint using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Widepoint based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Target Price

Target Price Comparative Analysis

Widepoint is currently under evaluation in target price category among its peers.

Widepoint C Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Widepoint stock to make a market-neutral strategy. Peer analysis of Widepoint could also be used in its relative valuation, which is a method of valuing Widepoint by comparing valuation metrics with similar companies.

Peers

Widepoint Related Equities

CTMCastellum   137.93   
0%
100.0%
CSPICSP   4.23   
0%
3.0%
NOTEFiscalNote Holdings   2.56   
0%
1.0%
ARBBARB IOT   2.33   
0%
1.0%
IBEXIBEX   2.24   
0%
1.0%
USIOUsio   2.10   
0%
1.0%
TTECTTEC Holdings   1.71   
0%
1.0%
CLPSCLPS   0.87   
0%
1.0%
HCKTHackett   0.84   
0%
1.0%
GIBCGI   0.02   
0%
1.0%
SLNHSoluna Holdings   2.67   
1.0%
0%
FORTYFormula Systems   3.57   
2.0%
0%
DTSTData Storage   4.02   
2.0%
0%

Additional Tools for Widepoint Stock Analysis

When running Widepoint's price analysis, check to measure Widepoint's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Widepoint is operating at the current time. Most of Widepoint's value examination focuses on studying past and present price action to predict the probability of Widepoint's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Widepoint's price. Additionally, you may evaluate how the addition of Widepoint to your portfolios can decrease your overall portfolio volatility.